Re: 40 hp merc oil warning alarm
I have an 01 40hp too and I am having the same issue. First, buy the manual at mercury parts express online.
The blue leads go to the oil, the tan goes to the engine overheat sensor. Here is the procedure you can do to check and see if your having any problems. This is from another post I posted somewhere:
According to my manual the procedure to check for either the oil switch or engine overheat sensor failures is to disconnect the leads and start the motor. If the alarm stops, then I'm to replace the sensors.
Blue lead = oil sensor
Tan lead= engine sensor
blue/tan=engine sensor (after blue and tan combine, becuase they share the same circuit)