You have to configure it with the lowest-spec SSD and then replace that with an aftermarket 4 TB SSD at around $215. The P14s I bought last week, with that and the 8 GB Nvidia GPU, came to a total of USD $2150 after taxes, including the SSD. Their sale price today is not quite as good as it was last week but it's still in that ballpark; with the 255H CPU and iGPU and a decent screen, and you can get the Intel P14s for $2086 USD. That actually becomes $1976 because you get $110 taken off at checkout. Then throw in the aftermarket SSD and it'll be around $2190. And if you log in as a business customer you'll get another couple percent off as well.

The AMD model P14s, with 96 GB and upgraded CPU and the nice screen and linux, still goes for under $1600 at checkout, which becomes $1815 when you add the aftermarket SSD upgrade.

It's still certainly a lot to spend on a laptop if you don't need it, but it's a far cry from $5k/year.