They are reliable, not meant to be flashy, machines for the drones (I am using a T480, which is 3 models back - T480 > T490 > L14 > L14 G2). THe killer feature here is Thunderbolt, my machine is still relevant thanks to eGPU, I would love to move up from i5-8350U but company keeps pushing out PC refresh (Supposed to be every 2 years, I am at 3.25 being told every quarter expect refresh next quarter).
For the business environment this is superb, you can increase the Ram easily to 32GB(Tiger Lake should support up to 64GB). Put it in a nice Thunderbolt dock and this is more than enough for those office task (Coding/scripting/modeling). My only complaint is the screen does kind of suck, bleedthrough and lighting consistency across screen. Keyboard is really the best and I like the nub.
Also realize the business environment is usualy large contracts, what they will pay isn't clear/apparent, as a consumer yes this definitely appears overpriced enterprise gear, but for a company it makes great sense(coupled with service contracts and everything else they decide is critical). I prefer Lenovo to HP and Dell although my next machine will likely be an HP workstation as my company only offers the higher power CPU (H series) on HP.