Fake leather has a wide, wide range of quality. Polyurethane faux-leather used in many automobiles these days is considered to be superior to leather in terms of durability and longevity. Take a look at old examples of MB-Tex, which Mercedes has been making for ... 60-70 years by now.

Similarly, plenty of leather that will disintegrate and flake into trash or crack and peel, especially if not taken care of well.