The Amphicar

It's a car, it's a boat, it's an Amphicar!  Designed to operate on land and in the water, the German-made Amphicar landed on US shores between 1961 and 1967.  It was the only civilian amphibious passenger car to be mass produced.  Total production was 3,878 and some 3,000 were imported into the US. 

It had a rear engine and two propellors, and came in four colors: Beach White, Regatta Red, Lagoon Blue and Fjord Green.  All of them were convertibles and in the water, the front wheels acted as rudders.  Amphicars have crossed the English Channel in 20 ft. seas. In Berlin, police used a few Amphicars for search and rescue.  Apparently, it was even possible to water ski behind one.  Slowly.

Link - via dinosaursandrobots

From the Upcoming ueue, submitted by Marilyn Terrell.

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When i was 1turning driving age in the late 80's, like all kids that age i was looking to save up for my first car.

At my local garage there was a 1966 Amphicar for only 1500 bucks.

At a time when my best friend could buy a 1976 Duster for 500 bucks the 1500 was a lot of money but now it seems like it would have been a wise investment, though not a very wise first car.
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