First Mass Produced 'Fly & Drive Car' to Be Unveiled - $599,000 Price Tag

Flying cars may be coming sooner than previously thought. On Tuesday night, a prototype of the Personal Air Landing Vehicle (PAL-V) Pioneer will arrive at the Paramount Miami Worldcenter as part of the “Miami 2020 and Beyond” art exhibit.

The three-wheeled machine - dubbed the Pioneer Personal Air Landing Vehicle (PAL-V) - a 230hp Dutch-made two-seater car boasting 70 pre-orders, is in active production and will reportedly sell for $599,000 . The customer will, however, need both a driving and pilot license to own and operate this vehicle.

"While other flying car manufacturers' concepts require modified regulations and in many cases not yet existing technologies, PAL-V deliberately chose to engineer, design and build a flying car with proven technologies and fully compliant with existing regulations", Robert Dingemanse, CEO of PAL-V stated, cited by The Daily Mail.

The details of the PAL-V flying car include a retractable overhead, rear propellers, and tail wings. The flying vehicle is street worthy and when in flight, has a cruising altitude of 12,500 feet. The car is powered by traditional gasoline instead of jet fuel and can reach speeds of 200 miles per hour in the air and 100 miles per hour on land.

Debuting the PAL-V at the Paramount will take advantage of the 58-floor building’s Skydeck, which is thought to be converted to a Skyport for takeoff and landing of flying cars.

The innovative vehicle is made with carbon fiber, titanium and aluminum, and weighs just 1,500 pounds (600 kilograms), and requires only a 540 feet (164 meters) runway for take-off and just 100 feet (30 meters) for landing, according to Dingemanse. Notably, the PAL-V has a similar handling system to that of a motorbike, which relies on the pilot-driver tilting the machine with an installed control stick both on the ground and in the air.

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