As pitted as your rims are, you will have to sand that out with sandpaper. If it doesn't remove to much material, then you can strip them with some spray on paint stripper to remove the clear coat. Then do a finish sanding with some fine sand paper (maybe 600 wet sandpaper) then buff them and wax them out. I did this to mine, but I had no pitted areas at all. I did not even sand mine. I just paint striped them, used polishing compound, and the wax. I keep the waxed, and they look grate. You can see my reflection in the center cap, the reflection of the valve stem in the rim itself.
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