A vehicle toy makes an imagination of an appearance of a second mode which is transformable from an appearance of a first mode difficult. A vehicle toy transformable between a first mode and a second mode includes a base member having a front surface forming part of the first mode and a back surface forming part of the second mode, at least two or more rotating members each rotatably coupled to the base member and having different features on the front surfaces and the back surfaces thereof so that the front surfaces form the first mode and the back surfaces form the second mode, and have connecting portions disposed at respective ends of at least two of the rotating members connecting to each other and retain the vehicle toy in either the first mode or in the second mode.