A reconfigurable toy vehicle launcher includes a first portion and a second portion. The first portion includes at least a portion of a launching mechanism. The second portion includes a compartment configured to receive a set of launchable toy vehicles and is reconfigurable with respect to the first portion. In particular, the second portion is reconfigurable between a first position in which the launching mechanism can sequentially launch the set of launchable toy vehicles away from the toy and a second position in which the first portion and the second portion provide a toy or a storage solution.