If you’re anything like me as a kid, flying cars represented the ultimate in futuristic technology. Cell phones, tablets, and wireless communication are great, but until I could fly my car to the grocery store, we were still stuck in the relative Stone Age.
Another sign has dropped that my future may be here. According to a report from Fox News, a flying ATV will soon hit the market. The Skyrunner is an ATV with a propeller, attached to a paragliding wing.
The price tag is $119,000, and funding options are not listed on the website. The flyer is expected to become available in mid-2014.
With 10% down, the monthly payment for a four-year loan at 3% interest would be $2,370, according to Bankrate.com.
In 2010 a more “traditional” flying car – an actual plane you can drive – was announced, the Terrafugia Transition.
Andres, essentially you are correct. At yesterday’s FTC roundtable, there were several people who essentially said to consumer advocates, “Have you seen all the information on auto finance online?” And, of course, the answer is that there is a massive amount of information. In fact, one of the more pointed moments of the conference came when Peter J. Sheptak, vice president and general counsel of World Omni Financial Corp., pointed out that even the website site of Van Alst’s employer, the National Consumer Law Center, contained literature for consumers on auto finance. Van Alst said nothing in response.
Seems like repossession could be a challenge with this one…