The company's first edition will be limited to 500 units, but the first 25 Flying Cars ordered will receive special "Founders Edition" perks, including an "expanded benefits package." The price for such luxury? Somewhere between $1.2 and $1.6 million, depending on the specifications.

Pre-orders placed now won't ship until 2020, since AeroMobil expects to ramp up to full production over the next few years and deliver starting then.

The AeroMobil does sound impressive on paper, however: It transforms from car mode to air in less than 3 minutes. It has around 434 miles of driving range, too, or around 466 miles of flight range operating at 75 percent of its maximum speed. Top ground speed for the AeroMobil car-plane is around 100 mph, while it can do around 224 mph while gunning it during flight.