Terrafugia Inc. is taking deposits for the Transition, the flying car it expects to deliver in late 2009. The price is a mere $148,000 and only a small 5% deposit (that's $7,400) is necessary to reserve one now. It's not actually a car that flies as much as it is a plane you can drive home. You can see an animation of how the wings fold up or a landing animation. They don't seem to come in multiple colors, however, so how will I tell my Transition from the one my next-door neighbor buys? Perhaps my "FLYING Q" license plate will be the only way to distinguish them.