The invention relates to a waterborne hydroxyl acrylic finish paint and a preparation method thereof. The waterborne hydroxyl acrylic finish paint comprises a component A and a component B, and the component A comprises, by mass, 50-55 parts of an aqueous hydroxyl acrylic dispersion, 4.5-9 parts of deionized water, 0.2-0.3 part of a pH adjuster, 2-3 parts of a cosolvent, 1-1.2 parts of a wetting and leveling agent, 1-1.2 parts of a brightener, 1-1.2 parts of an emulsifier, 3-4 parts of an anti-settling agent, 0.5-0.7 part of a thickener, 0.2-0.4 part of an antifoaming agent, 0.8-1.5 parts of adispersant, 2-21 parts of a pigment and 10-26 parts of a filler; the component B comprises, by mass, 75-85 parts of an aqueous isocyanate curing agent and 15-25 parts of an environmentally friendly solvent; and a mass ratio of the component A to the component B is (8-10):1 . The finish paint in the invention has far higher hardness and glossiness than existing low-hydroxyl waterborne acrylic polyurethane finish paints, and has a far lower cost than high-hydroxyl waterborne acrylic polyurethane finish paints.