87 iroc-z stering wheel... i like the wheel.. i dont really want to replace it if i dont have to... but the leather just started peeling/crumbling off last month and it looks awful now... i was wondering if i can replace the leather somehow? im sure i can probably take it somewhere but id prefer to do it myself and save some money.. college loans are killing me enough...

 

It won't look exactly the same, but you could cut off the old or just wrap over it.
I bought a leather steering wheel wrap from Pepboys that is pretty nice. $15. Classic Industries also sells them.