Its more expensive with the cost of labour in the UK to keep a car going, especially once it starts needing welding. We apply a lot of salt to the roads in the winter so after 20 years most cars will need welding work.

Second hand cars are also cheaper in the UK compared to other countries because we're right hand drive so there aren't as many markets that they can be exported to second hand.

I MOT it (obviously) and service every year but if I know something needs doing that's going to be expensive I just live with it. Especially if it's electrical because that can be a mine field and cost lots of labour time. Sometimes I try and make repairs myself and learn something in the process