An exhaust tip assembly conducts hot engine exhaust from a muffler through an opening in a molded plastic bumper fascia. An exhaust pipe defining a cross-sectional flow area for the exhaust flow and has an inlet end attached to the muffler and an outlet end. The exhaust pipe has a flexible coupling portion intermediate the inlet end and the outlet end. A heat shield has a cross-sectional flow area greater than the pipe, and an inlet end attached to the outlet end of the pipe. A decorative bezel is attached to the heat shield at the outlet end of the heat shield. Fasteners fasten the heat shield to the fascia with the bezel located in the opening in the rear bumper fascia. During movement of the muffler, the bezel remains in the center of the opening as the flexible coupling portion of the exhaust pipe flexes.