Shown below is the Terrafugia Transition Roadable Aircraft – nicknamed the "Flying Car" – is a car/plane hybrid.
It is designed to drive on public roadways and park in a standard garage, but anyone with a sport pilot certificate can also take to the skies.
The FAA just granted the builders' a weight exemption, which allows them to add airbags, an energy absorbing crumple zone and a protective safety cage aimed at road safety.
This part car - part plane is expected to be available starting at the end of 2011. The anticipated purchase price is $194,000.