3. Developing flying cars is expensive, and most people will not be able to buy one
Reserve the flying car for the moneyed few in case the technology will be made available in the near future. The cost can be enormous if we are to base it on the press releases made by companies that are developing these types of vehicles. According to various reports including that of the US government, it is said that the flying car concept will cost $50 million. Terrafugia, one of the many companies that are aggressively developing a flying car prototype is reportedly looking t a flying car with $279,000 price tag. Terrafugia’s flying car may be designed with safety in mind but cost-wise, this is something that will be out of reach for most of the car buyers and enthusiasts out there. Aside from sticker price, there are other factors that can increase the price of a flying car including actual fuel and re-fuelling costs and insurance.