Virgin Mobile / V Glide — Panel color defect

I have purchased the Virgin mobile vGlide just two days before. Though the red color panel is so attractive by appearance, it has a defect in it. The color on it probably is a coasted color on a soft rubber finished material. So the color on that started fading just the next day I purchased. The entire panel has turned to faded black starting from the corners of the panel to every inch of the panel day by day. The new look of the mobile just faded the next day.