I have let impatience get the better of me on occasion and taken a model outside in sub freezing temps and hit it with a coat of paint and it turned out fine. I DID keep the paint and model inside until the last second and brought them back in as soon as the overspray settled and sat it in the bathroom with the exhaust fan on for a few hours 'til it dried. -and no, the wife was not amused.
I wouldn't even store model paints out there if it's that cold. Keep them inside until you're ready to paint. Maybe place a heat lamp in a corner where you work to keep the temp up while you paint. A safe distance from the model of course. ; )