A hybrid VTOL jet car comprising a light weight floatable chassis adapted for carrying a payload, a retractable tail section attached to a light weight floatable chassis at the rear end adapted for stabilizing the hybrid VTOL jet car, a plurality of wheels at the bottom of the hybrid VTOL jet car, a plurality of retractable wings on the sides of light weight floatable chassis, adapted for maneuvering the hybrid VTOL jet car. Further features may include a plurality of thrust-producing engines adapted for generating the thrust required for driving the hybrid VTOL jet car on a surface as well as in the air and a plurality of parachutes attached to the hybrid VTOL jet car to safely land the hybrid VTOL jet car under emergency.