Carruthers, clever gal, found these new fangled flying cars aren't such a new idea, after all...
Convair flying car
Moller's flying car,(below) 100 mph, a cruise speed of 75 mph, a range of roughly 100 miles and a payload of 250 pounds. Bit of cheat as it "flies" at 10 feet above any surface. however, at this altitude, it does not fall under the regulatory arm of the FAA. Costs $125,000.
The Terrafugia’s Transition, around US$150,000, apparently has advance orders of about 100 for sometime before 2012!