Advice please - should I simply scrap it?

My wife and I love our very tatty seaside Jimny. Its a 53 plate convertible with OEM Suzuki hard top fitted. The power steering pump is noisy, and rear end is rusty as hell underneath, but it can be left for months and will always start without hesitation and has been a fantastic tool for the local work it does, including occasionally launching a small rib.
Some knocking noises from rear end yesterday. Inspection shows the rear panhard to axle mount to have entirely sheared from the axle itself. I see fix kits, however don't know how big a job this is and whether bolt-on or weld, I anticipate I would need a garage for this, all local fixings look very rusty?
Anyone with experience, do I simply sell the roof and scrap the car or is this a job worth doing? Rear nearside shock is also leaking - its got 6 months MOT remaining, but do feel its starting to look uneconomic to repair.
Any thoughts very welcome, Ian

Hello Ian-

What does "uneconomic to repair" mean? You seem to recognize that scrapping is the only realistic alternative, so anything more than £0 spent on repairs is a cash loss. But presumably you will need to find another beachside beater to replace the J. So what is it worth to you to delay that purchase?

My vote, do what Lambert calls a "MOT bodge" and keep driving until something expensive breaks. You can probably find a local lad who does cheap welding -- ugly but solid is all you really need, you're not going to be giving the car to the British Museum. For the leaky shock, wait until it fails MOT and then spend five bob on a used one from the small ads.  Maybe you'll get another season or two out of it.

In short, do the absolute minimum possible to the car so that you can keep using it. When the next repair looks like it is going to cost more than dinner and a show, sell the car to a farmer for whatever it brings, buy something newer, and spend your time at the beach relaxing instead of worrying about car repairs.

Good luck!

Some real useful views here, thank you. Quite right to promote the fix and carry on mindset, I am very tempted to try it. Especially as I'll get the winter season out of it prior to MOT. I'd probably replace with another Jimny and prices look fairly strong, certainly wouldn't want to spend over £2.5k. I'll go see if I can find a local welder.

Wish me luck and thanks, Ian

Sadly as is often the case, the O/P hasn't been back to update. l wonder if they decided to repair their Jimny.

Rear shocks are very cheap and the convertibles are getting quite rare, esp with the hard top.