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Synthetic engine oil Vs. Regular engine oil


tkpktoyota

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My 95 Corolla has almost 104000 miles on it now. I have been using the Jiffy Lube's signature service with regular oil until now. Recently I read that for high mileage cars, synthetic oil is recommended. Is it true or just a gimmick by oil companies to sell expensive oil. If I do add synthetic engine oil, will I still have to change oil at every 3000 miles or 3 months ?

What are most of the old Corolla users adding ? Your opinions would be greatly appreciated. Thanks in advance.

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