Covering it in one coat is one of the biggest, if not the biggest mistake I made when I first started stenciling. Whether you're spraying oil based from a rattle can, like Rustoleum, or thinned and sprayed though a gun - What I do is:
Apply stencil (we'll assume vinyl/adhesive bought type). Use grey or green 3M scuff pad and scuff each of the exposed areas thoroughly to rough up the surface and de-gloss. This will ensure the paint will bite. Wipe at least 2x with Naptha to clean and 'degrease'. Spray a mist coat that doesn't even cover 100x. It will appear as though you misted it like overspray. Let dry 10min. Do a 2nd very thin pass - this time it's a "wet" coat, as in a coat of paint that covers 100%, but do it as thinly as possible, with the spray constantly moving. Let dry 10 minutes. If I did the previous coat left to right, I spray the next up and down. Do another wet coat, again as thin as will cover.
This should do it. You need to JUST get the color opaque and stop.
Determine if you need another light coat, etc..
After the final coat, let dry for 10-15 minutes, then start pulling the stencils up.
I found that trying to spray a few fully wet coats, ensuring that each coat covers really well will result in a lousy job, possibly with runs. Keep in mind that the factory layers were sprayed thin enough to cover. It's not intended as a paint to protect, but as a decorative finish. After drying for a week, the finish will be plenty tough enough. Spraying too much paint so that there's a ridge or noticeable layer effect goes against how the original finishes were. Some of that, however, may be due to lacquer finishes and how one layer would melt into the next, as it is a "hot" finish.