Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

A flying car would cost more than Ferrari's top model, study finds

A flying car would cost more than Ferrari's top model, study finds

Folks interested in owning a flying car when the vehicles become available can expect to be set back for more than the cost of a high-end Ferrari, according to a new study.

People interested in owning a flying car when the vehicles become available in the marketplace can expect to be set back for more than the cost of Ferrari's top model, according to a new study out of the U.K.

Pentagon Motor Group ran the numbers, and found that the cost of a flying car will come in at $686,455.43, even more than the 2021 Ferrari SF90 Stradale, which has an MSRP of $625,000.

"Although the estimated cost of a flying car is unrealistic for most, it is worth remembering that this is currently a luxury product and that the technology is in its infancy," Pentagon Motor Group marketing chief Shakeel Hussain told FOX Business in an email. "Similarly, the cost of the first electric cars started high and has slowly started to become more affordable and more widely available."

"At the moment, most of the flying cars in production have high-end features, like retractable wings, a travel range of 600 miles thanks to generous fuel tanks, and boast two jet engines, all coming at high manufacturing costs," Hussain explained. "So there’s no surprise that it is valued with a hefty price tag, however in the eyes of a millionaire or billionaire, the cost isn’t astronomical, drawing parallels to exclusive supercars such as Ferrari’s top-end SF90 Stradale! On launch, flying cars will likely share similar customers to top end hypercars, but for the same price, owners will have one big advantage – they’ll be able to fly!"

Between an estimated $37,000 for a flying license, $17,000 for insurance, nearly $14,000 for parking and approximately $800 in fuel, flying car buyers will spend an additional $69,000 in their first year of ownership, according to the group.

"As searches for 'flying cars' have increased by 125% since this time last year, Pentagon Motor Group analyzed the average sales cost of flying cars that are currently in production," the company said in a press release, explaining that current flying car models they looked at included the AeroMobil, PAL-V, Aska, Moller Skycar 400, Terrafugia and the SkyDrive.

Just last month, Klein Vision's convertible concept car-airplane hybrid – dubbed the AirCar – successfully flew from one airport to another in the U.K, the BBC reported.

Dr. Stephen Wright, senior research fellow of avionics and aircraft at the University of the West of England, described the AirCar as "the lovechild of a Bugatti Veyron and a Cesna 172."

"I have to admit that this looks really cool - but I've got a hundred questions about certification," Wright told the outlet. "Anyone can make an airplane but the trick is making one that flies and flies and flies for the thick end of a million hours, with a person on board, without having an incident."

He added, "I can't wait to see the piece of paper that says this is safe to fly and safe to sell."

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Miliband Sets Climate and International Law at Centre of UK Diplomacy
Czech Central Bank Governor Rejects Early Euro Entry and Rate-Cut Pressure
Trump Readies New Tariffs as Temporary Global Levy Nears Expiry
Vivienne Westwood Casts Cicciolina, 74, in Its New Autumn Campaign
Dejavu: Germany’s Military Expansion Reshapes Europe’s Strategic Balance With France
Morgan Stanley Builds a Wall Street Lead in AI Infrastructure Finance
High Prices Push Coffee Drinkers Toward Whole Beans and Home Brewing
Trump Draws Boos and Podium Scrutiny at Spain’s World Cup Triumph
Brilliant move: Péter Magyar Moves to Nominate Chess Grandmaster Judit Polgár as Hungary’s President
Spain Defeats Argentina in Extra Time to Win Second World Cup
Current AI Seeks to Build an Open Global AI Infrastructure Outside Big Tech Control
Germany’s Economic Malaise Reopens the Sunday Shopping Debate
Proposed U.S.-Saudi Nuclear Pact Could Permit Limited Uranium Enrichment Under International Safeguards
Netherlands Declares Water Shortage Emergency After Drought Pushes Rivers to Historic Lows
Why Kentucky Fried Chicken Became KFC—and Why the False Explanations Persist
Ukrainian Drones Strike Wildberries Warehouses Deep Inside Russia
Reported CIA Mission Helped Clear the UAE’s Path to Advanced US AI Chips
Artificial Intelligence Capital Fuels Markets While Governments and Regulators Face Mounting Strategic Tests
China’s Moonshot’s Kimi K3 Narrows the Gap With Anthropic Through Scale, Openness and Lower Cost
The Ledger Will Not Trust on Faith
Trump Administration Pressures Banks to Restrict Financial Access for Undocumented Immigrants
Passenger Bound for Germany Refused to Sit Beside a Woman on a Plane — Then Slapped a Flight Attendant
Ukraine’s Leadership Rift Spills Into the Streets as Protesters Target Army Chief
Ukrainian Drone Barrage Kills Eight and Strikes Russian Logistics Network
The Ten World Cup Finals That Defined Football History
Smartphones Are Getting More Expensive, Sales Are Collapsing, and Even Apple Admits: "Prices Will Rise"
The Monaco Bombing Has Become a Test of Ukraine’s Intelligence Accountability
Leadership Change and Strategic Rivalry Redraw the Political Map
The AI Race Enters Its Infrastructure Era
Britain Nationalises British Steel to Protect Scunthorpe Production and Strategic Supply
French National Assembly Overrides Senate to Pass Historic Assisted-Dying Legislation
Spanish Prime Minister's Wife Ordered to Stand Trial as Corruption Probes Encircle Governing Party
Zelensky Faces Kyiv Protests Over Ousting of Dynamic Ukrainian Defense Minister
Thomas Tuchel Faces Fierce Backlash After Tactical Retreat Costs England World Cup Final Berth
A Quiet Bastille Day: France Grapples with World Cup Heartbreak and Leftover Fireworks
Spain in Ecstasy: "We Feel Unbeatable, We Taught the Whole World a Lesson"
Spain and UK Dismantle Gibraltar Border Following Landmark Schengen Integration Treaty
Hungary's "Puppet" President to Be Ousted, Orbán Fumes: "Democracy Is Dead"
Forget Tinder: The Surprising Platform Where People Find Love
Harvard Astrophysicist to Lead U.S. Scientific Advisory on Unidentified Aerial Phenomena
Emergency Sirens Activated Across Bahrain as Interior Ministry Issues Shelter Directives
World Cup Visitors Turn American Big-Box Stores Into Souvenir Stops
Netflix Weighs Always-On Channels, Bundles and Short-Form Video
Passenger Is Pulled Partly Outside Ryanair Jet After Window Fails Mid-Flight
The AI Invoice Shock: Layoffs Didn't Save Managers Money — They Cost Them More
Concern: Sexually Transmitted Bacterium Among Men Develops Antibiotic Resistance
Passenger Partially Pulled Out of Ryanair Jet After Cabin Window Fails Mid-Flight
Severe Heatwave Drives Dangerous Ground-Level Ozone Pollution Across Two Thirds of European Union
The Physical and Electronic Barriers Disrupting Domestic Wireless Networks
France and Morocco Open World Cup Quarter-Finals as Collina Defends Refereeing
×