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I remember watching this movie on the Disney Channel around 1998, but even then it seemed old and out of date. The flying saucer was reflects like polished chrome or like a mirror and a ramp opened out of it. The little boy and the alien were outrunning the cops like on ET, but in a saucer instead of a bike.

Ring any bells?

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No idea here but you might want to expand a bit. Was it a cartoon movie? What did the alien look like? –  Origin Mar 26 '13 at 7:43
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up vote 10 down vote accepted

Flight of the Navigator is pretty much like that.

From IMDb:

Davey is told that his parents reported the young boy missing in 1978, the evening that he went searching in the woods for his younger brother, referring to the incident in the past tense because it is 1985. Only Davey is still exactly the same age and everything he was from 1978, while time has passed for everyone else. His little brother is now his big brother (Matt Adler). His parents are old. Everyone is confused and the scientific world find the situation fascinating. The scientists turn Davey into their personal guinea pig, running tests and probing him and soon they discover that Davey was abducted. Davey breaks loose, and hops aboard the spaceship that took him through time before. While it is an escape from the scientists and their security, it also holds the answers to what happened to him. It is also an opportunity for Davey to learn everything from this spaceship. The spaceship is essentially controlled by Max, which is like it's CPU, a CPU with a cool sense of humor who likewise tries to learn about human emotions and condition from its passenger, Davey.

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If you can improve upon this anser by giving a link to the movie as well as explaining why this movie matches up with what the asker is describing, you will garner a significant increase in upvotes. As it stands, this anser is best as a comment –  TylerShads Mar 26 '13 at 12:13
    
This is totally it! Thanks a lot! –  Matt Mar 26 '13 at 15:07
    
Fixed. You're welcome, Frankie ;) –  Nobby Mar 26 '13 at 15:36
    
Excellent movie. But I didn't get the part with the talking horse... –  Coomie Mar 27 '13 at 1:54
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