It depends how much oil drips out. I use two big metal drip trays, one under the engine/gearbox and another under the back axle, but I put newspaper in them (the free local that I can't stop them delivering!). That absorbs the oil as it leaks, so you don't have to spend time soaking up the oil to clean up the trays. You just change the paper.
Ken G, 1925 Rover 16/50 (San Francisco)