Abstract: A folding boat comprising two sections, one of which may be folded back on the other for transportation, said boat being preferably formed by molding resin-impregnated fiberglass and including a frame embedded in the lower of the two folded sections and being provided with suspension means that comprises wheels mounted on leaf-springs and removably secured on opposite sides of the lower section of said boat whereby the folded boat may be towed by an automobile or other vehicle by a tow bar removably attached to the lower boat section.