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Sounds like R12 vs. R134A problem. Older systems used the R12, which is bad for the environment and no longer used, hence the cost and new laws that prohibit multiple recharges.
I'd ask how much the repair vs. replacement costs are going to be. If the cost of the repair, including the now banned R12 gas starts to run into a lot of money, you would be better off going for a new unit as it would used less electrical power and keep the house temp better. Particularly if the old unit craps out again in a year. And if you replace the unit, buy quality (I prefer Trane, but there are other good units out there).
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