Apparatus for collecting and measuring oil drained from a vehicle includes a receptacle and a valve. The receptacle includes a wide upper oil collection portion with an upper receptacle wall configured to collect and contain oil drained from a vehicle, and includes a narrower lower outlet portion having a lower receptacle wall configured to allow the oil to drain from the receptacle via a gravity feed. The receptacle has markings arranged on at least one of the upper receptacle wall or the lower receptacle wall and configured to measure the oil drained and collected from the vehicle. The valve includes an upper valve inlet and coupling portion configured to connect to the narrower lower outlet portion of the receptacle and allow the oil to drain into the valve, includes a valve opening/closing portion configured either to open and allow the oil to drain through the valve or to close and allow oil to collect in the receptacle, and includes a lower valve outlet and coupling portion configured to connect to a tube or oil basin/reservoir to allow the oil to drain from the valve into the tube or oil basin/reservoir.