I have never done a brake pad replacement on my car (or any car) before. I do know a fair amount about fieros but just recently started doing hands on stuff. Earlier in the year I adjusted my parking brake so it will hold better and tried to make sure the pads were not touching at all using the instructions from my old schools service manual. Well last week I decided to look at my brakes for no apparent reason and noticed my rear drivers side brake pads are significantly worn compared to the other wheels. I have about 80% life left on the rest and about 10% on this wheel and deminishing fast. I promply purchased new pads and intended to do both rear sets of pads myself but I dont know how. I tried to do a little research online but found little info. What tools do I need, do I need to purchase anymore parts? I hope to do this by the end of the weekend because this is my daily driver. Thank you very much.

Well if your car is an 88 it is a bit more of a pain but still doable.

The only tools you will need is the socket to undo the calipers, and a caliper turn in tool.  The caliper turn in tool is pretty cheap and can be bought at Lordco for under $20, this will allow you to turn the piston in as you push.  If you try to just push the piston in, you will destroy the rear calipers.

Your other option is to just buy new calipers.  The cost is not too bad with exchange I think it was around $220.  Might be cheaper. 

The only reason I suggest new rear calipers is that 50% of the ones that I have heard of being done, the seals go bad as soon as you start mucking around with them.  It just an age thing. 

Feel free to give it a shot and if you can do it yourself and nothing leaks, you are ahead of the game, however if they do go bad, there is really nothing short of buying new rear calipers.  When I say new it means new or remand.  Remand are just used calipers that are cleaned up, rebuilt and sent out with at least a 1 year warranty.  Most calipers you will find will be remand.  As NEW never used 88 calipers are basically non existent and at last check were $500 Each.  Kinda sucks, but that is the cost of owning an 88.

Well an update...after a couple trips to napa to get the right torx socket, I was attepting to take off the caliper, I just couldn't get upper one off. While I was in there I noticed the inner pad had more than half of its life left but the outer was near metal. I found that weird because I read somewhere online that the inner usually wears faster than the outers on a Fiero. I'm in Alberta now so I will try again when I get back. That'll be awhile from now so I'll update after I get back. Also while I was in there I noticed there is little to no rust on the frame (yay) but the outer coating on my parking cable has rusted through but the cable itself is ok, and it still works. Its only rusted where the cable rubs against the rail. Could I just take off the rust and cover it with something while I'm in there for the brakes? Thanks. Happy Holidays.