I had the same problem with the chrome peeling on my wheels. In my case the chrome peeling caused air to leak out of my tires. I changed the tires once, and wire brushed the inner lip of the rims between the tire and the rim multiple times. I even tried using silicon to seal the wheels to no avail. I eventually ended up buying new wheels...it was much cheaper than refinishing / rechroming the orginal wheels.

jrmd01@yahoo.com

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JR
1986 Gold 300E 4Dr automatic