Ya, it would look like a patchwork type of repair (which is what it would be). I can't afford 15-20k on a driveway re-asphalt right now (assuming that'll be the cost considering the size of my driveway).
I’ve got a similar issue. One technique I saw was to fill the hole, lay plywood over the top and then drive the car back and forward to level it. Rinse and repeat to bring it to the same level as the rest of the driveway.