The flying cars are here! The Terrafugia Transition flying car made its first successful test flight, and we have the video to prove it.

Congratulations go out to Massachusetts-based Terrafugia on the successful first flight of their upcoming flying car. The short-lived flight can be seen in its entirety in this 45-second video.

The Transition Roadable Aircraft Proof of Concept is capable of converting from a plane into a car in about thirty seconds. As an aircraft, the two-seater should be allowed to take off and land at any local airport. When utilized as such, a Sport Pilot license is required. In the air, the vehicle is capable of about 115 mph, with a flying-only range of 450 miles. As a car, it travels up to 65 mph, and gets 30 mpg.

One engine is used to power the vehicle, either as a propeller plane or a front-wheel-drive car. No special fuel is used, either; just the same unleaded gasoline you would get at any gas station. Unfortunately, local authorities would probably frown on a pilot landing the plane at a highway oasis.

"This breakthrough changes the world of personal mobility. Travel now becomes a hassle-free integrated land-air experience. It's what aviation enthusiasts have been striving for since 1918," Terrafugia CEO Carl Dietrich said.

Purchase price for the first generation of the vehicle is estimated at $194,000. The idea is to provide a lower-cost solution to pilots who may want to fly somewhere on a weekend trip, and not have to rent a car. At only 80-inches wide, the vehicle would be equipped to taxi off the runway, into the parking lot, and out on the street.

Refundable reservations are being accepted for Terrafugia's project, but the Transition still has a long way to go. Following more advanced airborne and road testing, a new pre-production prototype will be built.

It looks like before long we will finally be able to say, "The flying cars are here!"



Terrafugia 'Flying Car' Makes Historic First Flight