I was running my '07 Velocity with 496mag HO. Everything was fine until my alarm went off. The motor still ran after the alarm went off and nothing seemed wrong. I've checked all the fluids and everything seems fine. What else could the problem be, or do I have to have the motor scanned? It only has 30 hours on it.

Scan that sucker, thats the problem with computers could be 50 different things but the scan will narrow it down for sure, hopefully it is something simple and cheap

Yes, get it scanned. Was it a steady beeeeeeeeeeep, or a series of beep beep.......................................beep beep?

If all gauges are reading correct with the alarm going off check the drive oil res. Small plastic bottle with black cap. May have low drive oil or the connection for the sensor may have come loose.

could be sea water pump..... mine would only go off above 3500 and return to idle and it would quit sounding

Thank you very much for the advice. It turned out to be the impeller beginning to disintegrate. I appreciate the help!