[bathat]

And there are tons of used 172's in excellent condition for a third that price.

Or, you could compare the Terrafugia to a two-seat LSA. That would be a fairer comparison, since the Transition is an LSA while the 172 is a real certified airplane. Pipistrel and Icon both sell LSAs for about half the price of a Transition.

http://www.pipistrel-usa.com/ http://www.iconaircraft.com/