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With only 550 k, your oil is fine. The oil life meter works on time, not oil quality life.. I hibernate my C7 in the fall after a fresh oil change and in the spring my monitor tells me I'm at around 30%. I just reset it and drive the summer without a care. Hibernate your car. It will be fine. Change the oil again next fall before you put it away. JMOHi gents and ladies, I am going into my first hibernation with mine. I have only put 550KLM on a new oil change. It says it is at 68% Life still. Why it has gone down to 68% on only 550 KLM is a bit baffling. My question is do I need to change the oil before hibernation which will be at least 7-8 months I figure. Your help on this would be greatly appreciated. Thank you.