Tags: flying car | pre-order

First Flying Car You Can Actually Buy Taking $620K Pre-orders

Image: First Flying Car You Can Actually Buy Taking $620K Pre-orders
The PAL-V Liberty that drives and flies is presented during press day at the Geneva International Motor Show in Switzerland on Tuesday. (Martial Trezzini/Keystone via AP)

By    |   Thursday, 08 March 2018 11:51 AM

The first flying car someone could actually buy can be pre-ordered for $620,000 from the Dutch firm PAL-V after its unveiling it at the Geneva International Motor Show in Switzerland.

PAL-V claims its two-seater Liberty can travel up to 100 miles per hour on the road and 112 miles mph in the air at a maximum altitude of 11,000 feet and as far as 350 miles, CNBC reported. PAL V said the first deliveries will be made next year.

The company’s website said a limited pioneer edition of only 90 Liberties will be sold and it will be the first certified commercial flying car ever delivered. Owners will need a pilot's license and PAL-V website said introductory flying lessons will come with the purchase.

Tech Crunch reported the flying car will need to take off from a small airfield or airstrip and that it can be converted from flying to driving mode and vice versa in from five to 10 minutes.

Flying cars have long been the stuff of science fiction, from James Bond and "Star Wars" movies to cartoons like "The Jetsons," but more companies are claiming they are ready to make such vehicles available.

PAL V's deal appears to undercut one made by Slovakia's AeroMobil last year when it rolled out its commercial designed flying car for more than $1 million with preorder deliveries set for 2020, per Reuters.

That vehicle was showed off at the Top Marques Monaco supercar show in Monaco last April, with AeroMobil claiming it go from driving mode to flight mode in less than three minutes.

The company said it planned to making up to 500 vehicles costing of $1.29 million to $1.61 million, the news service noted.

Safety has been a big concern with flying cars.

The Conversation reported that companies have been trying to make them "safe enough" for government regulators and that the  Chinese company Ehang has introduced a parachute for its vehicle.

According to MarketWatch, insurance experts in 2012 estimated annual premiums for flying cars could run as much as $60,000 — more than 76 times the average $785 household auto insurance policy.

"It's the flying aspect of the car. That's the exposure with hair on it," insurance consultant Scott Simmonds told MarketWatch, adding that companies offering such coverage would likely be limited.

© 2018 Newsmax. All rights reserved.

   
1Like our page
2Share
TheWire
The first flying car someone could actually buy can be pre-ordered for $620,000 from the Dutch firm PAL-V after its unveiling it at the Geneva International Motor Show in Switzerland.
flying car, pre-order
386
2018-51-08
Thursday, 08 March 2018 11:51 AM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved