Terrafugia says the TRA is capable of flying at speeds of up to 185km/h with a range of 725 kilometres in the air, while on road it is capable of just 105km/h. Best of all the TRA can be road registered (in the US), and fits inside a normal parking spot or garage just like any other car. The transformation from winged aircraft to road-going car takes less than 30 seconds.
The manufacturer is currently accepting deposits on the TRA from as little as US$10,000 (AUD$11,150 approx.), though an additional US$185,000 (AUD$206,500 approx.) will need to be paid upon delivery.