Dutch company PAL-V has spent several years testing and developing “” (Personal Air and Land Vehicle) and now is reportedly gearing up to put the car in production beginning in 2016.

According to BBC Autos, you can now purchase your own personal PAL-V One for $395,000 with deliveries starting in 2016.

The 230 hp vehicle, according to its creators, can reach up to speeds of 112 mph on land and in air, and takes just 10 minutes to convert between modes.

Click HERE to see how Volvo is also pioneering an engine of the future, that is available today.

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