The aim of this investigation is focused on the evaluation of distinctive coatings commonly applied in the automotive industry. The resulting corrosion behavior is analyzed by using electrochemical impedance spectroscopy (EIS), equivalent circuit (EC) and potentiodynamic polarization curves. The novelty concerns a comparison between tricationic phosphate (TCP), cataphoretic electrodeposition (CED) of an epoxy layer, TCP + CED and HDG (hot-dip galvanized) + TCP + CED multi-coatings. Both the naturally deposited and defect-induced damage (incision) coatings are examined. The experimental impedance parameters and corrosion current densities indicate that multi-coating system (HDG + TCP + CED layers) provides better protection. Both planar and porous electrode behaviors are responsible to predict the corrosion mechanism of the majority of samples examined. Although induced-damage samples reveal that corrosion resistances decreased up to 10×, when compared with no damaged samples, the same trend of the corrosion protection is maintained, i.e., TCP < CED < TCP + CED < HDG + TCP + CED. It is also found that the same trend verified by using electrochemical parameters is also observed when samples are subjected under salt spray condition (500 h). It is also found that porous electrode behavior is not a deleterious aspect to corrosion resistance. It is more intimately associated with initial thickness coating, while corrosion resistance is associated with adhesion of the CED layer on TCP coating. The results of relative cost-to-efficiency to relative coating density ratios are associated with fact that a CED coating is necessary to top and clear coating applications and the TCP + CED and the HDG/TCP + CED coating systems exhibit the best results.