The Terrafugia Transition is a two-seat airplane with foldable wings, four wheels and turn signals. The Massachusetts company calls its creation a “roadable aircraft” and a “street legal airplane.” With a sticker price of approx $279,000 USD the market is quite niche to say the least for the car that flies. However, if a nice luxury car is approx  $100,000 USD and to have the capability to fly as well as drive, the Terrafugia Transition is an incredible bargain at $279,900 USD.  And if you think about the time saved from traffic it is a no brainer for the wealthy commuter. Check out the latest video –