The world's first street-legal flying car will be unveiled next month at the New York International Auto Show.
The "Transition Roadable Aircraft" is more of an airplane than a car, but its 26-foot wingspan can be folded to just under eight feet wide.
Terrafugia, the company behind the Transition, says the car "combines the unique convenience of being able to fold its wings with the ability to drive on any surface road in a modern personal airplane platform." The company will debut a prototype of the Transition at the New York International Auto Show between April 6-15.
Last June, the Department of Transportation granted Terrafugia an exemption paving the way to make the flying car street-legal. Its top airspeed is about 115 mph; Terrafugia plans to test the car up to 90 mph.
The company is currently taking $10,000 deposits on the $279,000 car, which is classified as a "Light Sport Aircraft." The company hopes to have the vehicles in consumer driveways and/or hangars by the end of spring.
The Transition will seat two, has a special "golf club" compartment, a "tablet-computer compatible glove box" and will have room for carry-on luggage. It can also be equipped with a moon roof, auto pilot, and will come in one of five colors. The company says consumers can become a registered sport pilot in as little as 20 hours.