~$1000 gets you basically a slow, mini-motorcycle.
It’s dramatically cheaper than a car, longer range than a bike, and wonderful in cities.
You could get an ebike, insure it, and come out well ahead just from fuel savings.
And as far as "longer range than a bike" that's more than likely untrue. The largest batteries, best motors, and most efficient mode might make it to 100 miles on a charge, but more realistic on more common models is 30-40 miles in a middle power mode. A 40 mile limit is less than you can acomplish on a non electric bike.
Most people can easily go 20 miles on an electric bike, but have difficulty going 20 miles on a normal bike.
Also Rad power bikes are in the ~$1000 range and are great!
For people who want a bicycle for a bicycle and are going to use it, you may want to save up for a mid drive bike.
I came here to post this. I hadn't ridden a bicycle in almost 30 years when I bought my eBike back in January. 2500W Luna, having a blast with it.
They are quite fast, require very little physical effort, and have a small fraction of the energy consumption of a car.
And you can still get the health benefit by investing as much muscle work as you want to.