Don't know if the wheel has splines that would allow it to be off and hence recentered. I do know if the swivel shaft at the transom is not installed onto the steering arm correctly you will get the same issue but also the outdrive will not turn fully in one direction, this was on the old style 70's I think the newer units don't allow this.
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1997 Silverton 362, 7.4 Crusaders
1997 2400 SCR, 5.7 Vortec / Bravo 2
Mike
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