One other thought is how sure are you the engine is actually getting up to full temperature? If the thermostat is stuck open say due to debris than more often than not the temp gauge won't go up much at all especially if the gauge starts at say 100 degrees... May want to verify the temp is getting up around 160.
Below is some homework for you.
Engine Cable Wiring Diagram
5.0 GL and 5.7 GS Models
1 Trim Sender
2 10 Amp Fuse, Trim/Tilt
3 Tachometer
Amplifier* = GR for Gray and a Black for ground.
4 Relays, Trim Motor
5 Oil Pressure Sender, Gauge = BL For Blue.
6 Circuit Breaker, Trim/Tilt
7 40 Amp Fuse, Instrument Harness
8 Electric Choke, Carburetor = PU for Purple and a Black for ground.
9 Water Temperature Sender, Gauge = T For Tan.
10 Relay, Fuel Pump
11 7.5 Amp Fuse, Fuel Pump
12 Diode = Orange to Fuel pump Relay (10) then to Yellow/Red to 10 pin...Also there's one in Green from Alternator to pump relay.
13 Relay, Starter
14 Alarm = T/SB =(Tan / Single Black) And ((PU = Purple))
15 Water Temperature Switch, Alarm = T/SB (Tan / Single Black) ((Looks like a Spade connector in the Manual)).
16 Oil Pressure Switch, Alarm = T/SB (Tan / Single Black) ((Looks like a Spade connector in the manual)).
And there shouldn't (< that I recall) ((or doesn't appear to)) be a tan w/ blue.
Item number 20,
Make sure to keep your Volvo Penta Genuine!
www.volvopenta.com
Item number 30 though it's not the correct one shown as noted below for you,
Make sure to keep your Volvo Penta Genuine!
www.volvopenta.com
To help give you an idea of wire connection call outs before finding the wiring diagram in color below.
Make sure to keep your Volvo Penta Genuine!
www.volvopenta.com
Here's all your engine parts,
Find and buy the full Volvo Penta aftermarket assortment for marine and industrial applications. With more than 200.000 genuine parts to support all maintenance and repair you will find all you need. Identify the Volvo Penta engine, shield or drive when looking for spare parts, maintenance...
www.volvopenta.com
The following is of something you will need to be aware of as for some odd reason your parts diagram shows a 2-wire type sensor at the T/housing but you should have 1-wire sensor?...Also, the sensor locations are noted in the followings,
New to me 5.7GS PEFS engine. I am looking to replace the coolant temp sensor on the side of the thermostat housing. When i do a parts search from Volvo Penta it gives me 3850397 but that is not the one that i currently have. My sensor is with the flat connector for only one wire and the part...
forums.iboats.com
Hi On my Volvo Penta 5.0 GI PWTR from 1999, the engine water temperature sensor resistance is, at 100? F ( 38? Celsius) 1400 ohms. According Seloc Volvo Penta Manual 1992-03, at 100? F, the resistance of the sensor should be 403 ? 493 ohms The temperature at the gauge is always low, at cruise...
forums.iboats.com
I took my new to me boat out this weekend and temp gauge did not move above 100. IR thermometer said engine temp was good. My ohm meter say the sensor is an open circuit both hot and cold. What is the proper way to test? Also, I grounded the tan wire and the alarm beeped but the gauge did not...
forums.iboats.com