Yes, that's correct! The best way to get rid of used motor oil is to take it to a facility that recycles used oil.
Places that often take used motor oil:
-Auto parts store
-Auto repair shop
-Recycling center
-County dump
-Gas station
Why is it important to take used motor oil to a place that recycles used oil?
Motor oil is toxic to humans, plants, and animals.
Oil that is dumped on the ground is likely to seep into the soil and find it's way into groundwater or flow into a lake or stream.
Oil thrown in the trash usually ends up in a land fill. The oil could eventually seep into the soil when it is in the landfill and contaminate groundwater.
Oil that is dumped down the drain is likely to find it's way to a water treatment facility. These facilities, however, do not have the ability to take used oil out of the water before it is released back into the environment.