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They are saying that they believe your engine needs expensive repairs, which means if they are correct you will have to replace the engine. And with the cost of a Porsche engine being what it is you have two options (unless you are wealthy), find a used engine, or probably your cheapest option is to simply find another car.
Having said all this, this is their judgement reached from what you have told them. I guess if you were extremely lucky you might get by with replacing an engine head.
I really feel bad for you, obviously you have grown up and live in an environment that hasn’t given you the skills needed for car ownership. Nothing wrong with that except the learning curve has been horrible for you. Heck, its painful to watch.
Good Luck!
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