A compactable vehicle is provided. The vehicle includes a body, a steering assembly coupled to the body, and a seating assembly coupled to the body. The steering assembly includes a wheel assembly, an elongated structure retractably coupled to the body, and a handlebar. The elongated structure includes a first end, a second end coupled to the wheel assembly, and a slot that extends between the first end and the second end. The handlebar is pivotally disposed in the slot. The seating assembly includes a support member retractably coupled to the body and a seat pivotally coupled to the support member.