[bradford]

Depending on how soft the floor is, that might be the biggest problem. If it's just a little soft I would live with it. V20's came from the factory with lower transoms like yours. Be careful backing down or beaching the boat with waves coming over the transom--other than as long as it's solid (lift up on the motor to see if there's any movement in the transom) you should be ok. The gel coat chipped off the keel can be fixed with fiberglass or marine tex. It's all something thats been fixed before by someone else on this board.

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