Terrafugia Transition – First Flying Car to Enter New York Auto Show [VIDEO]

Motor Authority is reporting that the first flying car will make its debut this April at the New York Auto Show.  The Terrafugia Transition is classified as a “Light Sport Aircraft” by the FAA, but with four wheels and fold-back wings, you can actually drive the plane home after you land.

Flying cars? It's about time! Every Just about every piece of science fiction I read or watched as a kid had promised these for decades.

Last summer we reported that these types of flying cars had been deemed 'street legal' and now they are even closer to being commercially available. Check out this video of the flying-car in action.

You can see plenty more videos of the Terrafugia Transition on their YouTube channel.

The Terrafugia  is not yet commercially available, but you can place your order for one for a paltry ten grand.  (That’s just a deposit though, the purchase price is $279,000.) For you legally drive/fly it you would also be required to have a Sport Pilot license (Which requires a minimum of 20 hours of flight time.)

That may seem pricey, but look at it this way, if you went to buy a USED single-engine plane it could cost you anywhere from $70,000-$900,000. So, $279,000 doesn't look so bad. (Not that I could afford that, that’s more than my house is worth! But a guy can dream can’t he?)

The Transition will give you the ability to haul up to 460 pounds, fly at a cruising speed of 93 knots (105 mph) and cover a distance of 490 miles on a single tank of fuel. On the ground, it will return fuel economy up to 35 mpg, although Terrafugia doesn't give much detail on its functionality as an automobile.

Check our some high-res pictures of the Terrafugia Transition from Motor Authority here.

Science fiction, finally becoming reality... I love it! Now, how am I going to scrape together $300,000 for my own Terrafugia.

[Terrafugia] [Terrafugia on Facebook]

[Motor Authority]

New York, NY & Woburn, MA - (March 1, 2012): The Transition® Roadable Aircraft, developed by Terrafugia, Inc., makes its auto show debut at the 2012 New York International Auto Show (NYIAS), April 6th through the 15th at the Jacob Javits Convention Center in New York City. -Terrafugia Press Release