We've all watched "Back To The Future" or "The Jetsons" and wished flying cars were a real thing. Imagine being stuck in traffic and needing to be somewhere fast, you just switch to flying mode and fly right over all the traffic. Sounds too good to be true, right? Flying cars have existed for years. That only allows it to land and take off from an airport runway.

There's a new contender up now! Alef Aeronautics! The company created "Model A" which will allow you to drive on normal streets and also take off and land in them!

The FAA has granted Alef Aeronautics experimental rights to test their flying car concept. If this actually works, they're saying flying cars could hit the streets by 2025!

CEO, Jim Dukhovny of Alef Aeronautics says, "The Model A is designed to take off and land in urban areas." The car will mostly be a drivable car, but with the option to hop/skip traffic, road conditions, weather, and other obstacles. To operate anything flying, the FAA says an airworthy certificate is needed.

A spokesperson for Alef Aeronautics said in an interview with Flying, "This certificate now gives us the ability to fly in locations we need." Their Model A has been testing a full-scale Model A for about four years to date. They've tested driving, vertical takeoffs, and flight moving in a forward motion, but the FAA restricted them from fully testing it.

Imagine a huge rectangular fan. A little pod in the center that will hold the driver and passengers, four wheels, and four giant fans/jets to allow it to fly. That's about it. It will cost you a $300,000 if you do want to buy one!

More on this in today's edition of a Few Things You Should Know!

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For the first time in nearly two years, the new car average sale prices fell below the manufacturer's suggested retail price (MSRP). The average transaction price paid for a new vehicle in the United States declined in March 2023 to $48,008, according to Kelley Blue Book data. That’s a month-over-month decrease of 1.1%. This means that consumers paid less than the sticker price displayed on the window.

"Right now, in-market consumers are finding more inventory, more choice and dealers more willing to deal, at least with some brands," said Rebecca Rydzewski, auto-industry researcher at Kelley Blue Book's parent firm Cox Automotive.

According to their data, non-luxury buyers paid an average of $44,182. Chevrolet, Chrysler, Dodge, Ford, Hyundai, Kia, Nissan, and Volkswagen all saw their average price decline in March. Honda and Kia dealers still charged an average of 3% to 6% over sticker price. Their research also found that luxury buyers saw less of an improvement. They paid an average of $65,202.

New cars now average over $48,000 before taxes and fees. There are still new cars available for less than the average cost. As of May 2023, there are only three new vehicles that would cost $20,000 or less.

However, all three of these cars are small sedans with minimal cargo space and efficient gas mileage.

Take a look at the only 3 new cars under $20,000 or less.

The Kia Rio subcompact sedan starts at $17,875 and the Rio5 hatchback at $18,515. Both front-wheel-drive models come standard with a 120 hp four-cylinder engine, automatic transmission, air conditioning, and a highway fuel economy rating of 41 mpg.

The Mitsubishi Mirage hatchback starts at $17,340 and the Mirage G4 sedan is just $1,000 more. its three-cylinder engine rated at just 76 horsepower -- and the most-efficient non-hybrid vehicle, with the hatchback getting an EPA combined rating of 39 mpg.

The Nissan Versa sedan is priced at $16,925. It is roomy for the price and has a 122 hp four-cylinder under the hood, a standard 5-speed manual transmission, automatic emergency brakes, and a five-star NHTSA crash test rating. Models equipped with an automatic transmission start at $18,595 and have a 40 mpg highway fuel economy rating. A fully loaded version with adaptive cruise control, heated seats, and a wireless charging pad tops out at $20,215.