No, there is no rust. It recently happened. Its like a clear faded spot on the red hood. I was told, its water that penetraded the paint job, due to the bra holding the moisture in place, not the it the oportunnity to dry up . I was told it can be cleared with a blowdryer. I don't know if its true; therefore I dont want to take any chances. I will send pictures as soon as I'm able too.