There are a lot of options for transom repair, including marine ply, coosa board, or pourable products like nida-bond. If you do it from inside the boat, you won't have to refinish the transom. If you go from the outside, you'll be refinishing the exterior of the transom with gelcoat or paint. If you don't match the colors you'll have a funny looking boat or a much bigger cosmetic (paint or gelcoat) project. Additionally, once you start you may find other issues that need attention and substantial outlays of $ and time, so the advice to sell as-is and buy what you really want is sound advice if you're not committed to want to attack this project. Good luck no matter what you decide.
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