Updated June 10, 2015.

The Bugaboo Donkey:

Bugaboo, the renowned baby product company, has broken the mold again with its new stroller, the Bugaboo Donkey. The Donkey, completely in a class by itself, is a stroller like no other with the price tag (over $1600) to boot.

A Convertible Stroller:

So what's the big deal with the stroller with an seemingly unbelievable price tag? In three steps the Donkey can convert from a full-sized single stroller into a double stroller.

The conversion will work for twins or for children of two different ages. The company claims that even as a double stroller, the innovative design still is compact.

Designed for Greater Storage Capacity:

Another feature that Bugaboo wanted to address was adequate storage solutions. Again, in three simple steps, parents can adjust the storage capacity to their needs. With adjustable baskets for on the side or underneath the stroller, parents will be able to customize storage to just what they need for whatever outing they have gone on. So whether parents are going for just a quick jaunt to the park or are planning an all-day adventure out and about, they can make the most (or the least) of storage space.

Two Wheel Design for Different Terrain Types:

Another great aspect is how the wheels on the Donkey were designed. Going mall shopping? You'll get a smooth ride. Out for a day on a sandy beach? No problem. Walking snowy sidewalks? Bring it on. Supposedly, the Donkey can tackle all sorts of terrain without frustration or intense laboring on part of the parent.

Plenty of Accessory Options:

And that's not all, parents can also opt to purchase accessories to further enhance their "Bugaboo stroller experience". Here are just a few options you might consider:

• Tailored fabrics
• Sun canopy
• Cup holders
• Organizers and baskets
• Foot muffs
• Parasols
• Wheel board adapters