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They gave it its exemption to take off at a certain weight. and inside this thing, this is a whole bunch of safety precautions, a safety cage, air bags. they're calling it an energy absorbing crumple zone. they say going from the plane to a car takes about the same amount of time as putting down a convertible top. they say the cost on this thing right now, $194,000. they're keeping it under the $200,000 mark. now, there's a few things that will have to happen before it can enter production. first of all, it has to receive faa certification and national highway safety administration, test it be...

It means owners need only 20 hours of practice before legally flying this thing. the plar's pricetag, just $194,000. but includes the true coat. and even though the it still needs to -- no, it is probably the way that should be written, needs crash testing before going to market, the company says it's already taken 70 count them preorders. david kylee is covering the car industry two decades. mr. kylee, thank you for your time tonight. >> glad to be here. >> the faa says this thing is okay to fly? who has to say whether or not it's okay to drive the damn thing? >> well, that will be the nation...

Customers know their plar is a little overweight. its price tag just $194,000 but includes the true coat and even though the it still needs -- it would probably be the way that should be written, needs crash testing before going to market, the company says it's already taken 70, count them, preorders. david has been covering the car industry for more than two decades and is currently a correspondent for aol autos. thanks for your time tonight. >> glad to be here. >> the faa says this thing is okay to fly. who has to say whether or not it's okay to drive the damn thing? >> well, that will be th...

Aircraft. all you need is 20 hours of flying, flying time to get a license, and $194,000. >> steve: that is so cool, you could actually fly to the drive in. >> brian: yeah. >> gretchen: but only 20 hours before you can take that thing up? it sounds like a little too few hours to become an expert on that thing. >> steve: if you're in a hurry to fly, take a look. >> brian: is this really happening? >> steve: yeah. >> gretchen: it's kind of like the jet pack for you. >> brian: i know. i thought they had the jet pack first and then they'd work on this. we told them five years ago to finish up the ...

Apparently a nice ride. when it pulls up to the air strip, drops its electric wings and prepares for takeoff, well, happens pretty fast. it drops its rear propeller and flies up to 465 mile range. easy enough to get me up to the adirondacks, with a cruising speed of 170 miles per hour. total cost of finally traveling like the jetsons, not as bad as you might think, out of my league, $194,000 for the flying car. i think we'll wait for the price to come down. our garage today, a classroom. fix it weekday three. education at the top of our stack. many of our schools as we know and many of the sys...