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Not good. It is low oil PRESSURE, not low oil LEVEL, although low oil can cause low pressure if the pump is scavenging. When was the last time the oil filter was changed?
If you have access to an owner's manual there wil be instructions in the section covering oil changes. If you don't have a manual, try this: turn the ingnition key to the on position but do not try to start the car.With the key on, press the gas pedal to the floor and release three to five times. Turn the key off. Now start the car and see if the light is still on.
you can reset the oil light by turning the key to on, but not starting it, then push the gas to the floor twice, then again...it should say oil life reset
To reset "CHANGE OIL" light, turn the ignition switch to the run position without starting the engine. Fully depress and release the accelerator pedal 3 times within 5 seconds. The light will flash and go out.
Step 1
So you had your oil changed or changed it yourself on you GM vehicle and the little light on the dashboard still says "Change Oil Soon". Your owner's manual should tell you how to reset it, however it's hidden away in one chapter or another.Here are the two easiest ways for most GMs.
Step 2
First you need to turn your car On. This is not starting the car! Turn the key two "clicks" forward. All the dashboard lights should come on, along with the radio and odometer.
Step 3
If your GM has the four buttons on the dashboard with all sorts of information: One button should have a road or "i" on it. Pushing this button will show your mileage, tire pressure, operating temperature, and all sorts of other stuff. You are looking for "oil life ##%". Once you find this, press and hold the button with the checkmark on it. After 5-10 seconds it should flash "oil life reset". Tada!
Step 4
If your vehicle does not have the buttons mentioned above: Turn the car "On" (without starting car!!) Press the gas pedal all the way to the floor 3 times within 5 seconds. This is trickier than it sounds. It must be pressed ALL the way to the floor ALL 3 times. Then wait 5-10 seconds. The Change Oil Soon light should blink then go out. If not, turn the car off and go through the steps again.
Change oil light: remove the driver side fuse cover, there is a reset switch. turn key to on position (engine NOT running), press and release reset button. change oil light will flash. press and HOLD reset button again until you hear chimes and the change oil light goes out. it is now reset.
as for the trac off light, there is a button on the dash which turns the traction control on and off
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