Meguiars Ultimate Compound as per instructions on the bottle followed by Meguiars Ultimate Paste Carnauba Wax. I like to apply 4 coats on mine when I do it. Takes me about 30 minutes per coat. Apply very lightly for best results. Did mine today as the weather was less than ideal for a ride with a cold north wind and rain today.
Do this a couple of times a yer and our paint will look amazing.
Perhaps I am fortunate but my paint is no worse than any other black bike ve ever owned. Can't speak for the red.
Beagle