Its usual that the very cheap ones are leather faced with just a thin layer of actual reconstituted leather which is why they arent so tough as full leather ones.
Thats fine, thats what my current one is like and it has lasted me a year, I dont mind buying a new one.
They also tend to put them as reduced when in fact they arent really. The most they do is put them up at the higher price for a few weeks and then claim the reduction or put up the RRP and then say they have reduced from that. Makers will often put huge RRPs on furniture so the sellers can do this.
This is the case in a lot of situations although with this one it is on their site at the "regular" price if you dont follow the special offer link anyway so it may not be. Either way I dont care so long as its cheap