Renovation of asphalt driveway

I am considering 2 options of what to do with refurbishing / renewing my old asphalt driveway which is slightly damaged / marked in parts- approx 20 metres long.
# One cheap option is to is to place a thin asphalt overlay to the existing surface - has anyone used a local contractor to do this ? And if so, what company did a good job on this for you and how cost effective were they?

# Another option which is cheaper is to apply an asphalt paint over the area ( Resene Blacktop ) and this apparently is easy to apply with a Hi Solid Roller sleeve '

In doing this you are restricted to a black, red or green as a colour , with black being most popular.
Have any of you home owners got a black asphalt driveway done in this way that I could drive past and see from the road? PM on text if you wish

I would appreciate any comments / recommendations on doing this work.- either options
Regards
Peter Thessman
Norton Park Ave
Ph 0272320011

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