BACK TO THE FUTURE

YOU CAN BUY A FLYING CAR (OR A "ROADABLE AIRCRAFT") FOR $194,000:

Admit it . . . you've always fantasized about owning a FLYING CAR just like in "Back To The Future"! Well now, thanks to a company called Terrafugia, you can buy the Transition . . . which is the world's first flying car . . . for just $194,000.

No, I'm not making this up. And, no, the Transition isn't one of those lame buggies with a parachute attached to it. It's actually a flying car. Or . . . as the people at Terrafugia like to call it . . . a "roadable aircraft". Check it out . . .

The Transition is basically a small, two-seater airplane . . . but its wings fold up so you can drive it as a car.

It has a top speed of 115 miles per hour . . . and it's capable of flying nearly 500 miles on a single tank of regular unleaded gas. So what's the catch?

Well, in order to fly the Transition, you need to have your sport aviation license. A sport aviation license is basically just like a regular pilot license . . . only you don't need nearly as much training or flying hours to get it.

Terrafugia has already received deposits on more than 40 Transitions . . . and they expect the first road-ready . . . and air-ready . . . crafts to be completed by next year. (Discovery Channel)

(--This thing is pretty sweet. Really. Do yourself a favor and check out the company website here . . .)http://www.terrafugia.com/