Flying car, The Transition, priced at $280,000

Photo from http://www.terrafugia.com.

April 5, 2012 9:47:25 AM PDT
A flying car? The Transition is a ''street legal airplane,'' according to Terrafugia, the company that makes the two-seater that can drive on the road or take to the skies when drivers unfold the wings. The Transition is a "street legal airplane," according to Terrafugia, the company that makes the two-seater that can drive on the road or take to the skies with unfolded wings.

Terrafugia said it has 100 orders and the first one will be available by year end -- at about $280,000.