A roadable helicopter according to various aspects of the present invention comprises a vehicle that drives like a conventional car in its road configuration, and converts to fly like a helicopter in its flight configuration. The operator of the helicopter only needs to press a button to initiate the conversion from one configuration to the other. To facilitate the flight configuration, the helicopter is preferably equipped with a dual, coaxial counterrotating rotor system to provide lift, propulsion, and control in the flight configuration. In the road configuration, however, the rotor system automatically folds into a rotor bay formed in the rear of the helicopter. The roadable helicopter may also include an automatic control/stability/navigation system that permits fully automatic flight.