A Democratic district leader in Brooklyn has decided not to seek re-election after 43 years in the job — four days after The Post revealed he spent campaign funds on car payments, perfume, cigars and clothes.

Jacob Gold, who has held the low-level party position since 1975, is dropping out of this year’s race because “it doesn’t take much to get a 73-year-old guy to conclude that he doesn’t need the aggravation,” Howard Graubard, his political consultant, said Friday.

District leaders are unpaid and act as representatives of their political party in their designated area.

Records show Gold spent $132,432 between 2007 through 2017, including $16,652 in payments for his Honda; $2,876 on clothing; $536 at a Bensonhurst perfume retailer; more than $15,000 on meals and $102 for cigars.

Loose election rules allow spending on any “campaign-related” expenses, but not on personal expenses.

Gold insisted he obeyed the rules, saying the car expenses were “nothing out of the ordinary,” the perfume was a door prize at his political club and most of the meal money went to a diner where much of his political work was done.

“This is an obvious witch-hunt deposited at The Post’s door as a political hit,” Gold said when his spending was disclosed.

A real estate agent and former schoolteacher, Gold had been expected to compete in this year’s Democratic primary against a political newcomer, Park Slope-based lawyer Douglas Schneider.

Schneider issued a statement Friday saying he wants “to thank Jake Gold for his decades of service to our community and I wish him well.”

Although state law allows for wide latitude on campaign spending, there are limits.

In March, Mount Vernon Mayor Richard Thomas was arrested and charged with stealing campaign funds for personal use.