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Get a novated lease on a Lexus LM

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Lexus
Model

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With a Lexus LM, we estimate you could save $61,076.16
  in tax with a 5-year novated lease from Smart.^

2026 Lexus LM

2026 Lexus LM

AAWH10R LM350h Sports Luxury Wagon 7st 5dr E-CVT 1sp 2WD 2.5i/134kW Hybrid

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$996Estimated
per week^

This estimate includes:

Car finance
Registration & CTP
Insurance
Fuel or charging
Maintenance
Tyres

Your price may beat this estimate

Car details

Overview

Series
LM350h E-CVT 2WD
Body type
Wagon
Doors
5
Seats
7
Fuel type
Petrol
Transmission
Constantly Variable Transmission
Number of gears
1
Drive
Front Wheel Drive
Engine configuration
4 cylinders, 1 gears
CO2 emissions
125g/km
ANCAP rating
N/A
Release date
2026
Price when new
$163,520

Car features

Airbags
  • Driver
  • Head for 1st Row Seats (Front)
  • Head for 2nd Row Seats
  • Passenger
  • Side for 1st Row Occupants (Front)
Alarm
  • With Motion Sensor
  • With Tow Away Protection
Anti-theft
  • Engine Immobiliser
  • Tracking System
Braking aids
  • ABS (Antilock Brakes)
  • Brake Assist
  • EBD (Electronic Brake Force Distribution)
  • Hazard/Stoplights
  • Hill Holder
Locking
  • Card - with remote entry
  • Key Proximity
  • Remote Fuel Lid Release
  • Remote/Keyless
  • Start - Key/FOB Proximity related
  • Starter Button
Pedestrian protection
  • Audible for Silent Vehicles
Seatbelts
  • Lap/Sash for 7 seats
  • Pretensioners 1st Row (Front)
  • Pretensioners 1st Row (Outer Seats)
Stability & traction
  • Control - Electronic Damper
  • Control - Electronic Stability
  • Control - Traction
Tyre pressure
  • Monitoring - with logging/display

Blind spot
  • Sensor
Cameras
  • Front Vision
  • Rear Vision
  • Side Vision
Collision assist
  • Emergency Steering Assist
  • Forward
  • Forward (High speed)
  • Forward (Low speed)
  • Post Collision Steer/Brake
  • Reversing
  • VRU
Cross traffic
  • Warning - Rear Cross Traffic (when reversing)
Cruise control
  • Distance Control
  • With Brake Function (limiter)
Digital mirrors
  • Interior Rear View
Drive modes
  • Selectable
Driver attention
  • Detection
  • Warning - Driver Fatigue
Exit warning
  • With Active Assist
Lane assist
  • Active Assist
  • Warning
Parking aids
  • Front
  • Fully Automated
  • Graphical Display
  • Rear
  • Remote Controlled
Speed assistance
  • Display
  • Reminder - Road Sign Recognition
  • Road Sign Recognition
Telematics
  • Auto Emergency Response Call Ability
  • Preparation/Ability

Air conditioning
  • Air Conditioning
Blinds
  • Side Windows Rear
Climate
  • Air Conditioning - Pollen Filter
  • Multi-Zone
Driver info
  • Full
  • Head Up
Heated seats
  • 1st Row
  • 2nd Row
Park brake
  • Park Brake - Electric
Power doors
  • Power Sliding Side Doors
Power mirrors
  • Anti Glare
  • Auto Dipping (Reversing)
  • Folding
  • Heated
  • With Memory
Power sockets
  • 12V Socket(s) - Auxiliary
  • USB Socket(s) - Charging
Power steering
  • Electric Assist
Power tailgate / boot
  • Power - Boot/Tailgate
Power windows
  • Front & Rear
Remote access
  • Via App
Steering wheel
  • Power
  • Steering Wheel - Heated
Sunroof
  • With Power Blind
Ventilated seats
  • Drivers Side
  • Passenger Side
  • Rear
Wipers & sensors
  • Headlamp Washers
  • Rain Sensor (Auto wipers)
  • Rear Wiper/Washer

Audio inputs
  • Aux Input USB Socket
Audio system
  • Active Noise Cancellation
Connectivity
  • Compatible Devices
  • Input for Audio/Video
Infotainment
  • Colour
  • Rear
Navigation
  • GPS (Satellite Navigation)
Radio
  • Digital (DAB+)
Smart device
  • Integration - Android Auto Wireless
  • Integration - Apple Carplay Wireless
  • Smart Device App Display/Control
Sound system
  • Premium Sound System
Speakers
  • 21 Speaker Stereo
Voice
  • Voice Recognition

Ambient lighting
  • Interior (User Configurable)
Armrests
  • Front Centre (Shared)
  • Heated
Electric seats
  • 2nd Row (Rear)
  • 2nd Row Massaging
  • Drivers with Memory
  • Passenger
Gear shift
  • Paddles behind Steering Wheel
Grab handles
  • 2nd Row
  • Drivers Side
  • Passengers Side
Headrests
  • Adjustable 1st Row (Front)
  • Adjustable 2nd Row x2
  • Adjustable 3rd Row x3
Interior lighting
  • For 1st Row
  • For 2nd Row
  • In Doors Front
Leather look
  • Inserts in Doors
Leather seats
  • Partial
Roof console
  • Rear Multi-function
Seats
  • 2nd Row Reclining
  • 3rd Row Split Fold
  • Driver with Electric Lumbar
  • Height Adjustable Driver
  • Height Adjustable Passenger
  • Passenger with Electric Lumbar
Steering wheel
  • Multi-function Steering Wheel
  • Wood/Leather Steering Wheel
Storage
  • 1st Row
  • 2nd Row
  • Centre Console 1st Row
  • Centre Console 2nd Row
  • Front Driver Seat
  • Front Passenger Seat
Suede look
  • Headlining
  • Interior Inserts
Sunvisors
  • Illuminated Vanity Mirror for Driver
Vanity mirrors
  • For Front Passenger
Woodgrain
  • Inserts

Body colour
  • Exterior Mirrors Partial
Chrome highlights
  • Window Surrounds - Exterior
Fog lamps
  • Fog Lamp/s - Rear LED
Headlamps
  • Corner (Fixed)
  • Electric Level Adjustment
  • High Beam Active Shadowing
  • High Beam Auto Dipping
  • LED
Lighting
  • LED
Side steps
  • Side Steps
Spare wheel
  • Space Saver/Temporary
Spoiler
  • Rear Roof Mounted
Wheels
  • 19" Alloy Wheels
Windows
  • Extra Dark/Privacy
  • Side Windows
  • Windscreen

Brakes
  • Front 2 Spot
  • Front Ventilated
  • Rear Ventilated

Other features
  • Control - Pedestrian Avoidance with Braking
  • Metallic Paint

Frequently asked questions

Prices shown are based on standard assumptions. Your actual novated lease price will depend on your employer, salary, and personal circumstances. To get an accurate, personalised price, create an account. You’ll be able to see your estimated savings and compare your novated lease options before continuing.

Get your price estimate to continue

This page defaults to a Lexus LM LM350h E-CVT 2WD, but all variants are available in our Novated Leasing Hub. Register for an account to get prices, choose variants, compare them and customise your novated lease quote.

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Novated lease tax benefits on a Smart™ lease are a combination of savings, including:

  • GST savings on the car price
  • Pre‑tax salary deductions (reducing taxable income)
  • GST savings on running costs
  • FBT and ECM balancing or exemptions

Fringe Benefit Tax (FBT) is a tax employers pay on certain benefits, including novated leases. In most cases the cost of FBT is offset through your lease using post‑tax contributions (ECM). Eligible electric cars are exempt from FBT, making them even more cost‑effective.

The process starts with getting a personalised novated lease quote for a Lexus LM or other cars, including accessories, running costs and different lease terms. Once you’re happy with the package, it’s time to apply for finance.

Get your price estimate to continue

Step 1. Get your price

Log in to get a quote on a car you personalise and build.

Step 2. Maximise your tax savings

Add running costs like fuel, tyres and maintenance to your novated lease. You can also explore other cars and compare your quotes.

Step 3. Apply for finance

You’ll then apply for finance online, with a typical turnaround of around 24 hours (subject to credit approval).

Step 4. Source car

After signing your contract, we’ll source your car at a great price through our 740‑strong dealer network, and set up your payroll deductions.

Step 5. Settlement

After delivery, Smart manages all payments and running‑cost budgets for you.

At the end of your term, you can choose to:

  1. Pay the residual value owed and own the car.
  2. Refinance the residual and keep leasing.
  3. Upgrade to a new car.

Smart can also help sell your car through Smart Sell™.

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^ Pricing and savings figures are based on the following assumptions:

  1. 1. Residency in NSW 2000
  2. 2. Annual gross salary of $120,000
  3. 3. Annual travel distance of 15,000 km
  4. 4. A 5-year lease/loan term
  5. 5. Salary packaging via the Employee Contribution Method (ECM) and the FBT Exempt Method applicable to eligible electric vehicles under the Electric Car Discount

All quoted figures include estimated budgets for finance, charging and/or fuel, servicing, tyres, maintenance, Vero by Suncorp comprehensive motor insurance, and registration renewals over the lease or loan term. A residual payment, as determined by the Australian Taxation Office, is payable at the end of a novated lease. The specific residual amount will be detailed in your personalised vehicle quote. Your personal circumstances have not been factored into this estimate and your actual novated lease repayment residual amounts and tax savings will depend on your income tax bracket, your employer's GST processing method, the administration fees payable under your employer's salary packaging plan and your personal circumstances. Figures are accurate as of June 2026 and are subject to change without notice.