$1000.00 for a color-change wrap? That's about what one would pay in my market. Where I live there is a car culture revolving around the Latin-American community, and both guys and gals take great pride in their speed and skill. I've seen two people knock out a complete color-change in under 4 hours (yes, they were hustling in a friendly, competitive way). Quality for $1k is good enough, but if you are willing to pay, some of these guys can do world-class work.
The sign shops are charging double that for a color-change, pushing them out of the market. But up until recently sign shops have cornered the printed wrap market. Now that is changing. The independent dedicated wrap shops can now get laminated printed cast vinyl (5' x 50') for $750.00, making it easy for them to sell me a full wrap installation for under $1500.00 (for example, price depends on size and complexity). I can add a $500.00 (for example) design fee, mark up the install with a 20% margin, and sell the final product for under $2500. The kids in the wrap shops love to see me coming, because in some ways installing a printed wrap is easier than a color-change (which usually needs to be flawless).