That's pretty cool!
I had a try with my own car. (Apparently the picture I am modifying is of an electric vehicle already! (google image search daihatsu mira should come up with it on the first page)
Note the skirts, the rear tail (should be tapered on all 3 sides at the same angle, and have a perspex top to retain some visibility), the deflectors. Not visible is the undertray, grille blocking and mirror replacement with camera/screens.
I suppose there is no real reason why you couldn't go all out in extending the boat tail backwards, you'd just have to make some sort of fibreglass canopy for it along with extending some more brake/indicator lights back there. And technically, you could of course extend the tail I have designed to maybe double the original length. It would then become just like a regular car to park, instead of the current park-anywhere capability.
I suppose if a person was really motivated, they could make the sides of the boattail springloaded so that they would spring back against the car if they had the opportunity, and hook up the boattail part to some sort of servo that would extend the middle part out when cruising, retracting it for parking.
It might be possible to get a Cd of 0.25 or less with such a car. You'd have to experiment with instantaneous FE and adjust the angle until you got it right.
Edit: Damn... I think it looks cool! Just had to say that.
For the ultra obsessed, here is the logical endpoint (it's not obvious, but both sides are tapered as well, leading to a tiny rectangle of area behind which there is turbulent flow, approximately 1/4 of the original rear area. I'd estimate that the Cd on this would be below 2.0. There would have to be a note to not store heavy stuff near the end of the boattail.):
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