Thanks!How to reset the Oil Inspection / Service indicator on a 1998 BMW 328i?
If you only want to reset the oil light, you don't need to buy a peak reset tool. Check the link below for instructions.
http://www.bmwe36blog.com/2007/02/24/res鈥?/a>How to reset the Oil Inspection / Service indicator on a 1998 BMW 328i?
Peake reset tools can be purchased for about $50 on eBay.
Neighborhood garages with the tool will charge about $5 for a reset.
If you are friendly with the BMW service tech/rep, they might be willing to help you with a free reset. But don't count on them doing the favor every time.
I believe Peake has a reset tool you can get. They have two verisons of the tool. One only resets the Oil and Service lights and the other does that plus can read fault codes. I have the second one and although twice as much it is very handy.
Have to use an oil reset tool,available aftermarket:
http://www.bimmerzone.com/resettool.htm#鈥?/a>
Yes , purchase the oil reset /code reader from Peake , it is worth every penny .
 
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