Abstract: A floatable passenger car for land and water cruising has a bow portion with an inclined floor, a central portion which with the bow portion forms a gliding boat body and floor and includes a bulkhead at its rear end, and a rear portion, seats being located in the central and rear portions to permit passengers to be selectively seated in the rear portion for maximum water cruising speed. The front and rear wheels are retractable into individual compartments located in the central and rear body portions, respectively, and the compartments for retaining the front wheels include sliding doors covering the openings to the compartments when the front wheels are retracted to reduce resistance during high speed cruising on the water. A propeller shaft with a propeller on the end thereof extends rearwardly from the bulkhead and is pivotable between elevated and lowered positions. The engine is located between the front wheels and is coupled through transmissions to the front wheels and the propeller shaft.