At the moment, I got a technician in that has hopefully managed to repair my existing AC, so I am deciding to put off buying an AC until after this season ends. Hopefully get a new one in December/January in preparation for the next summer season.
The technician took the internal unit down, used an air pressure pump and a meter, as well as a tub of water to find a leak. He found no leak inside or outside, and all he did ultimately was top up the gas, replace the compressor running motor capacitor (different from a compressor start motor capacitor), and a full cleaning/servicing.
Considering the expense, and the installation headaches of installing inverter ACs, I will stick with a conventional AC (non inverter) because in the event that it starts developing problems 3-4 years later, and the company tells me they don't have the parts to repair it, at least I'll be able to get it repaired from a local shop. This happened to me with my current AC which the Haier officially told me they could not repair, they didn't have parts for it because it was a discontinued model. Whether he was lying or not, I don't know.
I have noticed a SEVERE shortage of 1.5ton conventional non-inverter ACs in Lahore. Hard to find any right now because this is peak season after all. Salesman lie and tell you people don't want convetional ACs anymore, but I don't believe them at all.
Pakistan is a poor country, I just don't believe that people are refusing to buy a 65k non inverter 1.5 ton AC in favour of a 83k-100k 1.5 ton inverter AC. I just don't believe that people are switching over to the inverter ACs in droves.
Let's hope my existing AC keeps running and at least gets me through this Summer. It is the only AC we have running, and it is for my mother who is having medical problems, and needs the AC which is why having a working AC is so critical. I personally don't use an AC, and just tolerate the heat, but this is not possible for my old mother who has medical health problems.
Thanks for everyone that responded to this thread. All the info was very helpful.