it's a little trike with handlebars and pedals and everything, but the seat has a harness so you can strap them in, and there's a long handle attached to the back so it can be pushed along and they dont have to pedal to move it.
this sounds really similar to the one we bought DD - we got it in Myer in the toy sale last June/July for only $40 (I think it should have been $100). The toy sale will be on soon, so maybe its worth waiting till then as you might get one cheaper