The vehicle has a single steered front wheel (1) mounted on a main frame (5) and two rear wheels (2, 3) mounted on a left (6) and right (7) frames. The left and right frames are connected to the main frame pivotally, which permits the vehicle to be folded into a compact position. The folded vehicle can stand up-right and can be moved to a storage place on two rear (2, 3) and two caster (145) wheels. For carrying inside a car the cycle also can be disassembled to four parts. The seat (9) has a two-point spring suspension with the axis higher than the center of gravity of the seated driver. It allows the seat with the driver to stay in a vertical position while driving on a lateral slope or to lean right and left as the vehicle is making a turn. The vehicle has a leg-operated back pedaling brake mechanism (15) and a car-style steering mechanism with a high-ratio cable reducer (12).