The invention concerns an amphibious transformer vehicle (ATV) having flexible pontoon-skegs and a flexible frame allowing the ATV which carries passenger or cargo to smoothly transition between varying types of terrain and handle waves and uneven terrain. This vehicle is designed to move over water, snow, ice, ground, sand and other loose surfaces, as well as paved and other hard services as well as grass and light vegetation. It can make transitions between all the surfaces without need to stop or perform any modifications to the vehicle to transition between surfaces. This vehicle has advantages over other hovercraft and airboats that are designed with rigid frames and hulls. Based on a design using a flexible frame and structures that lean on flexible pontoon-skegs it can handle waves and obstacles without being damaged and it is not upset by a wide range of variations in terrain.