Abstract: A transformable toy vehicle is presented which can assume the form of two extraordinarily different appearances from each other by converting the mutual arrangement of particular elements constituting the toy vehicle. The toy vehicle comprises a chassis capable of being extended and contracted along the longitudinal direction of the car, a rear body of the car mounted on the chassis for turning upside down and reversing front and rear faces to assume two different outer appearances for top and rear faces and for bottom and front faces, respectively, and a seat member mounted generally centrally on the chassis for moving vertically and horizontally relative to the chassis.