The AA is reporting fewer people servicing their cars and vans over three years old, in a bid to save money in the current recession, but insurance and warranty specialist, MB&G is warning drivers that skipping the annual service is essentially a false economy and could cost thousands over the life of the vehicle.

Unlike an MOT test, which is a legal requirement, a service will check many other things such as the wheel alignment and the vehicle’s drive shafts – items that could prove very costly if not maintained correctly.

The winter months put added strain on vehicles. Grit and salt on the roads can cause central components to rust, while rain, ice and snow damage road surfaces, creating every driver’s nightmare, the pothole – another concerning factor for tyres, suspension and shock absorbers.

While a full service history will increase a vehicles’ value, servicing can nip developing problems in the bud, potentially saving the driver hundreds or thousands of pounds.

Allan Simpson, MB&G’s claims manager, said “We understand that drivers are looking to save money where they can, and although they may think they are saving by not servicing their car, they could be in for a nasty surprise a few months down the road. A service generally costs in the region of £300 and will give the driver peace of mind.

“Additionally a full service history will help motorists sell their vehicle more quickly and for more money when looking to upgrade – a vital factor to bear in mind when looking to free up cash quickly.”