When did motor oil become so expensive?

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Been a while since I posted here.

I don't change my own oil as often as I used to, and when I do I typically buy Mobil 1 5W-30 at Costco when they have a "no-clip coupon" special. That typically makes it about $27, which is only a bit more than I remember paying for it in the late 90s.

I used to take a lot more interest in motor oil and changing my own oil. I'd change the oil in my folks' cars and it was relatively easy and cheap to do it myself. However, I have less time these days, but recently I decided to at least try and change the oil in my wife's 2003 Civic (still can't reach the &*^% oil filter).

I remember when I first started changing my own oil, Mobil 1 was typically $4/quart and I could find it on sale for way less. I saw some special gallon jugs (actually a special kit with a catch pan) selling for $12. "Conventional" oil was pretty cheap, and it wasn't unusual to see even the name brand oils selling for under $1 depending on specials. I even remember when CSK had rebates that could bring it down as low as 60 cents a quart. Commercial oil changes were typically about $20-25 (although $10 "get the customer in the door" specials weren't unusual at the time), so spending $4-5 on oil and $3 on a filter for a DIY change made financial sense.

Now I walk in to even a discount store like WM and regular Pennzoil/Valvoline/Castrol sells for $4+ a quart with the 5 quart jugs $15. Even with these retail prices, I can find a shop that can do an oil change for about the same $20-25 that I could when the retail price of motor oil was cheaper. I thought that the bulk motor oil sold in drums was identical to that in the retail bottles.

When did the prices start going up and up? Any reason why? I know the price of crude oil has gone up, but for years I remember the price of motor oil was stable even with the price of crude oil making wild fluctuations. I know the costs of meeting the latest oil standards might even be a concern, but 3-4 times is even more than the relative price increase of gasoline.
 
Mobil 1 at WM is about $25 for 5-qt jug and $6.xx for quart bottle which is very cheap compares with what European and Australian are paying.

Now compares with $4.xx/qt 8-10 years ago to $6.xx/qt now you are talking abut 50% increase while gasoline increases about more than twice in the same 8-10 years.

Oil is cheap compares with gasoline, cost of 2 oil changes a year is about $50-60 for conventional and $80-100 for synthetic, while gasoline costs is about $1,500 to $4,000 depends on how much you drive and gas mileage of your car(s).
 
Originally Posted By: OtisBlkR1
times change, prices mst go up.. big oil likes there profits.


More like Big Government likes profiting from the oil we use: they take no risk, no investments, they just take. Governments profit is bigger, much bigger than the companies that are actually doing the work in providing the product we all need and use everyday; and I for one say thank you to all who work in that industry!

Good Day,
Steven
 
Yes oil is very cheap compared to other countries.

Also rebates are generally available quite easily.

Frankly it's a pittance whether you diy or pay someone else.

Ford's $40 standard package including oil, filter, fluid top off, tire rotation, brake inspection, multi point inspection is ridiculously good value and convenience when you consider you'll get all the right fluids and parts and can drive in without an appointment. (So long as they do it right of course).
 
i think I'm breaking even or doing better almost 10 years later after finding bitog and reading posts of members with the same car or similar powerplants, same area of the country etc. If synthetic was 18.00 for a 5 quart in 2004 and it's 28.00 now...i drive the car longer on the same oil and am always watching for deals, not just on oil but on all maintenance.
 
I guess these factors are at play:

1. Inflation
2. Crude oil prices
3. Better motor oil formulation. I think this is an important factor. 10-15 years ago the standard recommendation was to go 3,000 miles between oil changes. Today, a major brand conventional oil should be good for OCI that's up to twice as long.
 
Originally Posted By: y_p_w
When did motor oil become so expensive?


Times changed, inflation kicked in,boutique oils sold for high prices, oil improved, etc., etc. The oil companies realized the general public would pay inflated prices for oil, and it would become a more profitable item than it was in the past. They were right, took that ball and ran with it, the rest is history. JMO
 
a couple of years ago and thre price is still climbing that is why in some stores there is dust on the oil containers... The oil is much better and can easily go 10,000 miles as some car companies recommend... at my local auto parts store near my shop the owner said his oil sales are under half what they were 10 years ago...people buy less because its so expensive and lasts so long... There was a time when 3000 miles was the norm but today its on the average 2 to 3 times longer than that. engines last just as long on 7500 mile 1 yr changes as they do in 3000 ,ile changes according to the engine rebuilders association that warranty engines and the car companies also...
3000 mile oil changes are great for the profit of the oil companies
 
I did a oil change yesterday and it cost me $6.00 (far) QSUD + tax & a puralator filter.
grin.gif
far = free after rebate
 
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Synthetic hasn't gone up as much as dino, but I run the dino twice as far as I used to so it is the same price to me. They sell oil now like the sell women's products, instead of coupons we get MIR or a discount with the filter included.
 
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