Abstract: The invention proposes a foldable boat having a rearward portion mounted on hinges extending medially of the boat and arranged so as to fold forwardly over the front portion of the boat. The front portion of the boat includes retractable wheels so the boat may form a trailer for an automobile. These is also provided a retractable wheeled structure for assisting in moving the boat from the water over muddy surfaces when the boat is to be transported on the highway. The power plant for the boat is mounted substantially medially of the boat with the drive shaft depending therefrom into the water.