Mazda 323 F, leaking oil loss, valve ducts?

Hi, who can help me? My Mazda 323F BA (bj. 94) has been losing a lot of oil for some time. After long standing (e.g. overnight) a grey smoke cloud blows out after start. The first workshop did a compression test, everything was fine. Cause not found, possibly engine damage. The second workshop carried out a pressure loss measurement – all right. They type on leaky valve shaft guides and repair costs of approx. 400 to 500 euros, but without guarantee. At most, a crack in the piston ring, which would only turn out afterwards. Have offered me a new car, payment of the old Mazda (2,000,– Euro). What to think about it? Would actually my old car still like to drive two to three years (currently 144,000 km). Note: Since inspection (556 Euro) at ATU in Oct. 94 (dental belt, tensioning roller and pulleys.) repeatedly problems. I have the feeling that it was not worked professionally. But, Anyway, what kind of advice do you have for me? Thank you in advance. Greeting jeanny