(Our happy hour fact to amaze your drinking buddies with.)

A self-taught British engineer has developed a flying car that gets its lift from four powerful propellers.

In the past, hundreds of millions of dollars were poured into the development of flying cars without ever yielding a viable prototype for personal use. Due to advances in aerodynamic profiles and materials, Gilo Cardozo has been able to produce a fully functional, street legal Skycar for a relatively modest price.

The two-seater launches at 35 miles an hour and flies at speeds up to 80 mph. In January, Cardozo and a co-pilot are going to showcase the invention by flying and driving the Skycar 3,700 miles from London to the Sahara Desert.

It's still unclear whether Skycar's cabin will be spacious enough for car sex, and if it is, whether that will qualify amorous passengers for the Mile High Club. Of course, Asylum will provide the latest updates as answers to these important questions come to light.

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If you can't afford a flying car, how about one of the cheapest ones from around the world?

Cheap Cars Around The World

    A joint venture with Toyota the Citroen C1 is a popular city car, and the priciest on our list. It has a low carbon footprint and is perfect for bombing around Paris.
    Price: $15,000

    wintonsworld.com

    As of January 2008, the only car legal in America that you could park inside somebody else's mini van. The Smart ForTwo is as popular as the mini dog in Paris Hilton's purse. Just don't take it on the highway.
    Price: $12,000

    about.com

    An affordable sedan with room for 5, the Chevy Aveo gets you 34 MPG on the highway and was made originally by Daewoo. It certainly looks better than the mail truck you've been considering. And it's street legal, unlike many of the cars to come.
    Price: $11,000

    chevrolet.com

    The 5-person Hyundai Getz hatchback has become popular in India, although a hybrid version is available in South Korea and there are plans for an electric version in New Zealand.
    Price: $9400

    zcars.com.au

    The Fiat Palio travels the globe before it hits the road, made in Brazil and sold in India. Models that stay in Brazil are multifuel, so you could probably fill them up with local rum. The Weekend, shown above, is wagon. The standard Palio is a hatchback.
    Price: $9200

    Fiat-india.com

    Hyundai i10
    Hyundai is India's third largest car company and hopes the i10 will steal some of the glory of the Tata Nano.
    Price: $9100

    wikimedia.org

    It started out as the first car from India but the Tata Indica has been exported to Europe as well. Like most of the subcompacts in this list, the Indica is a hatchback with a manual transmission. Tata completely eclipsed the success of the Indica with the Nano.
    Price: $8500

    namastecitytour.com

    Just like the country where it was made, the Yugo no longer exists. It was introduced to the United States in the 80's for a mind-blowing $2K, which would cost about $6800 now, far less than anything new you could get Stateside. On the minus side, the 1985 GV was rated as one of Time Magazine's Worst Cars of All Time.

    chartertn.net

    The Renault Logan is Renault's love child with Romanian firm Dacia and can be had for cheap. Romanian labor unions have recently shut down production because of low wages, so this one might start costing as much as the French equivalent.
    Price $6100

    renault-dacia-logan.com

    Based on an 80's Daihatsu, the ChineseGeely HQ gets a solid 36 MGP and goes the blistering speed of 52 MPH. Unlike the other subcompacts it has a little extra room for cargo, so it stands as China's equivalent to the SUV.
    Price: $5800

    vicky.in