It should be okay for a first setup. The compressor doesn't have a tank (as far as I can tell) which means as soon as you start airbrushing the compressor will fire up to give you the air. Personally I would prefer one with a tank as I feel you get a more constant supply of air; as the compressor fills the tank when it gets below a certain pressure rather than the compressor needing to run as soon as you press the trigger on your airbrush. I think you get a more constant flow of air using a tank, the air flow may feel slightly stop/start going straight from the compressor (but this is just my opinion and for a starter setup this if probably fine).
Have you considered a CO2 tank and regulator? The benefits of a CO2 tank are that it's absolutely silent, apart from the sound of air coming out of the airbrush. It is probably cheaper but you obviously have to get it filled up when it's empty, it can last months however (depending on size and amount of use). It depends when you will do most of your airbrushing and whether anybody may be sleeping or mind the noise because all compressors are loud in my experience, even ones claiming to be 'silent'. You also don't need a water trap (which you get on the compressor you linked by the way).
You may not be able to airbrush fine detail with a 0.35mm needle but for base coating it will be great, and you may be able to do large parts of colour on a model with some masking or good control of over spray - probably fine for the vehicles you're doing.
You should thin your paints for use with an airbrush. I would either use Vallejo Model Air (designed for an airbrush), or thin them with AirBrush Medium - Liquitex is great. Don't use water because it thins the concentration of pigment in the paint and it goes wishy-washy. Medium thins the paint (think the difference between milk and water) without separation between the pigment and water. Similar to painting in that multiple thin layers are better than a single thicker layer but you probably do this already.
Have you considered a CO2 tank and regulator? The benefits of a CO2 tank are that it's absolutely silent, apart from the sound of air coming out of the airbrush. It is probably cheaper but you obviously have to get it filled up when it's empty, it can last months however (depending on size and amount of use). It depends when you will do most of your airbrushing and whether anybody may be sleeping or mind the noise because all compressors are loud in my experience, even ones claiming to be 'silent'. You also don't need a water trap (which you get on the compressor you linked by the way).
You may not be able to airbrush fine detail with a 0.35mm needle but for base coating it will be great, and you may be able to do large parts of colour on a model with some masking or good control of over spray - probably fine for the vehicles you're doing.
You should thin your paints for use with an airbrush. I would either use Vallejo Model Air (designed for an airbrush), or thin them with AirBrush Medium - Liquitex is great. Don't use water because it thins the concentration of pigment in the paint and it goes wishy-washy. Medium thins the paint (think the difference between milk and water) without separation between the pigment and water. Similar to painting in that multiple thin layers are better than a single thicker layer but you probably do this already.
