Abstract: A toy for amusement purposes which is convertible between a toy vehicle and a finger ring. As a vehicle, the toy has rotatable wheels for rolling the vehicle on a surface. When the toy is re-configured as a ring, it becomes a ring for a finger with an ornament. The toy is comprised of a body member and two extending members pivotally attached to the body member. As a vehicle, one extension member extends forward relative to the body member and the other extends rearward thereby representing the hood, cab, and trunk sections of the vehicle. The second of the two extending members is also slidably attached to the body member. Both extending members have wheel assemblies attached to the end thereof opposite the end attached to the body member. The body member is oval in shape and ornamental in appearance. The pivotal and slidable attachments allow the extending members to be moved arcuately, relative to the body member for changing between a toy vehicle and a ring.