Finally, Terrafugia’s Transition flying car will be released. At $279000USD, this street-legal vehicle “has two seats, four wheels and wings that fold up so it can be driven like a car; last month, it flew at 1,400 feet for eight minutes – commercial jets fly at 35,000 feet.” Click here for more pictures. Continue reading for a video.

Around 100 people have already put down a $10,000 deposit to get a Transition when they go on sale, and those numbers will likely rise after Terrafugia introduces the Transition to the public later this week at the New York Auto Show.

[via DviceDailyMail]