Abstract: The present invention is, in a first aspect, a two-piece vehicular splash guard assembly including a splash guard body, having at least one slit, and a cover, having at least one tab corresponding to and registerable with the at least one slit. Removably securing the cover about an interior surface of the splash guard body, either before or after painting the splash guard body, ensures that no paint bleeds onto the inside surface of the splash guard body during the manufacturing process. In a second aspect, a method of painting said splash guard assembly is provided in order to create fine paint lines along the edges of the splash guard body. The cover may be attached either prior to or after painting and, thereafter, the combined cover and splash guard body may be attached to a vehicle or, alternatively, the splash guard body alone may be attached to the vehicle.