Finally got around to this last weekend. I decided to black it out as a couple of you guys suggested. I am thinking that since both rear quarters were replaced, maybe this lip is extra metal that should have been trimmed off. Either way, I removed the trim, sanded the clear and put semi gloss black over the top. Hard to tell in the photo but it looks great. I cleaned up the undercoating in all wheel wells while it was open and even polished the wheels while they were off.