go easiest step first mate. speaking as a spray painter, Red is a man-made colour does not occur naturally in pigment form, hence why red cars are most common to fade. This is also the reason a proper cut and polish can work wonders..
Use 3M 6085 Perfect-it rubbing compound, best stuff on the market for the price.. buff it up, wipe off dry polish, see how u go. if your not close enough then u will have to respray the car.. not cheap. the most expensive part of the respray is paying someone to paint it. you can get decent enough materials for <$500 but for a painter to just spray a top coat of colour and new clear will take 2 days if done remotely decent (or one flat out 15 hour day lol)
as a rough guide, i charge $400 roughly for materials and labour on front bar + 2 front guards repair and blend. that includes $100 to oven bake the work so it is ready the day its painted.