The cheapest new cars I can find (in the US) are $16k for the Mitsubishi Mirage G4 and $20k for the Toyota Corolla. I certainly don't think the Mirage qualifies as "extremely nice". I think Toyota makes fantastic cars and the Corolla is all the vehicle most people could ever really need, but honestly, I still think "extremely nice" might be pushing it.
By the way, what are the consequences for these unrealistic timelines? Some people like to pretend like the sky is falling and we'll have hundreds of thousands of people walking along the side of highways to get to work like some post-apocalyptic wasteland. But the reality is, if it doesn't work, it doesn't work. Timelines get changed all the time. It's a step. A best effort.