Abstract: A convertible riding toy adapted selectively to simulate an automobile, a boat, and an airplane, having a body provided with an operator's cockpit and adapted for ground traversing movement; a pair of wings oppositely swivel mounted laterally of the body and adapted selectively to be positioned in a concealed, rearwardly extending automobile simulating positions within slots in the body, laterally extending aircraft wing simulating positions, and a converging, forwardly extending position for simulating the bow of a boat; a vertically slidable rudder member selectively for simulating the rudder of an airplane or of a boat; and a pair of airplane motor simulating discs adapted selectively to be retracted or to be laterally extended from the body.