Although it has wax in the name there is none within. It is a polymer sealant that you mist on, wipe in, and wipe off. This is to be done on a clean vehicle unlike quick detailers that mostly clean (light dust, fingerprints, etc.) and add a little shine. This is Meguiar's version of Dura Gloss Aquawax, another spray & wipe sealant.
I got a freebie on this so I gave it a go on my White Pearl RAV4. Using two microfiber towels I started by folding them both into quarters so as to have multiple clean surfaces. First you mist the towel you are going to apply it with. Mist that towel for the next several surfaces until it becomes slightly damp from wiping in the product.
After that mist some on the paint, wipe it in, then wipe it off with the other mf towel. It flashes almost immediately so wiping it off can be done directly after wiping it on. Simple, eh? Oh, works on wheels as well.
In all honesty I didn't have high hopes for an over the counter Meg's product but I was dead wrong! This is one hell of a nice sealant! The look, depth, and shine are indeed very very good. I used it on trim and mirrors with no staining at all and the same excellent results. The Pearl flake jumped out rather than being muted by the product as some do. Meguiar says it does have some fillers in it to hide minor marring so it is possible
that using it constantly could mute flake but I don't know that. I've applied it twice one day apart and the pearl flake screams to be seen....need shades in the sun for sure.
Over the next day or so the finish gets slicker and slicker until it feels like running your finger along a silk scarf. The 'look' also deepens. I like it and I am impressed.
Retail price is about ten bucks a pop but so little is used (great mist sprayer) that one bottle will do an Accord multiple times. I'm guessing here but at least 6 times and perhaps as many as 12. Once the application towel is saturated you can just wipe it over headlights, mirrors, and the like without spraying at all.
I did see it on Amazon for $6.99 with free shipping for a $25 (or more) expenditure.
All in all it sure worked well for me, I recommend it without reservation.
To avoid any accusations I have no affiliation with Meguiar or any product vendor/manufacturer for that matter......... Just my 2¢ worth above.