Find Secure Storage -- and a Good Insurance Policy -- Before Buying a Flying Car

The Jetsons, here we come -- you can now buy a flying car, if you can afford one. The Terrafugia Transition Roadable Aircraft can take off from an ordinary road and rise into the air, allowing flying cars to go right over a sluggish traffic jam. It is designed to drive like a car and fly like a plane. In the air, it can reach speeds of up to 115 miles per hour -- and you won’t get a speeding ticket. The car can rise to a height of 10,000 feet, and can travel for 400 miles. On land, it even gets reasonable gas mileage -- about 30 miles per gallon. The first model flying car, called the Transition, will be available for purchase by the end of next year -- it will cost around $194,000. [More]