Driving with worn-out shocks or struts can have several consequences. Firstly, it can lead to reduced control and stability, affecting your ability to maneuver the vehicle safely. The braking distance may also be affected, especially during emergency braking situations. Additionally, worn-out shocks or struts can cause uneven tire wear, leading to increased tire replacement costs. It's important to address any suspension issues promptly to maintain a safe and comfortable driving experience.