A novel cost-effective computerized method is proposed for the determination of the oxidation induction period (OIP) of organic substrates. All component parts of the device are factory-made (interchangeable) details, which are widely used in laboratory practice. A sample is charged into the reactor, the closed reactor-condenser-stopcock system is evacuated. Then the device is filled with oxygen. The reactor is warmed up to balance with atmospheric pressure. The device is sealed and stirring of the heating medium, substrate and digital data transfer from the pressure sensor to the computer is started. The monitoring of the autooxidation of the sample is terminated after the system pressure has decreased by 300hPa. A test report is formed with the aid of a computer using Microsoft Excel; OIP is determined as the point of intersection of two tangent lines to the curve. The proposed method is on a par with standardized methods in terms of the repeatability of measurement results.