To provide a photoluminescent light alloy wheel capable of easily and inexpensively preventing reduction of a yield before metallic layer formation and repairing coating, of using conventional coating equipment for three layers and of applying an inexpensive metallic coating film having uniform quality with excellent weather resistance and adhesiveness.

In this light alloy wheel, a photoluminescent coating film which has a substrate layer comprising a primer layer and/or a color base layer, a metallic layer and a clear layer formed on the metallic layer is applied on a substrate. An intermediate layer is formed between the substrate layer and the metallic layer, and it is preferable that the intermediate layer is a clear layer.