If for some reason you're overly concerned about the quality of the old oil (water, contamination, age, 'old' smell or feel), consider this method---much like changing antifreeze in a used machine when first bought.
Drain as much as possible, refill with new, run a couple of hours, drain again, refill new. Repeat as you think necessary. Each drain and refill cycle continues to reduce the quantity of old fluid in the system until you reach some endpoint based on diminishing returns and expense. Or in my case, level of interest. In a new-to-me used machine I'll do two cycles and call it good, leaving the second refill for the duration.
Please post back your experiences so we may all learn.