A vehicle tailgate assembly primarily for pick-up trucks comprises a frame with a transverse base and support arms extending perpendicularly therefrom adjacent distal ends of the base. A tailgate door is rotationally mounted to the frame between the support arms. The door comprises a transverse upper section rotationally joined to a transverse lower section at a rotational joint, preferably a hinge. A releasable locking mechanism, typically a latch or multiple latches, is located adjacent the rotational joint to releasably hold the upper section in relation to the lower section at selected orientations. An additional locking mechanism, also typically a latch or multiple latches, may selectively hold the lower section or both the lower section and the upper section to the support arms. The tailgate may also be provided with an extendible tailgate which may be rotated interiorly and exteriorly of the plane of the upper section. An extendible handle, stowable in the upper section or the lower section, may also be provided to support user entry and exit from a cargo hold of the pick-up truck.