In Back To The Future II, there were flying cars in the year 2015. That's only three years away, and now that idea may not be so far-fetched!

A company called Terrafugia is developing a car that will be able to drive and fly! The TF-X is in development, and from what I gathered from this demo video, that the car will have propellers to get it up off the ground, and then it that will transition to some kind of jet propulsion once it's airborne.

TF-X Prototype- Terrafugia
TF-X Prototype- Terrafugia
TF-X Prototype- Terrafugia

Here is the video demonstration for the TF-X:

There are a few flying cars currently in the works, and some are even being flown! This one has fixed wings, but it does fly!

Terrafugia-Test Car (AP)