How to reset the Oil Inspection / Service indicator on a 1998 BMW 328i?

I just changed the oil and have been looking for instructions on resetting the Oil Inspection/Service indicator and cannot find anything in any of the manuals I have. The dealership suggested holding the odometer reset button down while I start the car...that doesn't work. Any BMW certified / shadetree mechanics out in Yahoo-town that can help out? Thanks!
Answer:

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/reset-bmw-e36-oil-service-light/

f6wyvern at Yahoo! Answers Visit the source

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Other answers

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.

Snowie

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.

Walker13

Have to use an oil reset tool,available aftermarket: http://www.bimmerzone.com/resettool.htm#3

CarmaNguyen

Yes , purchase the oil reset /code reader from Peake , it is worth every penny .

mellowg7

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