Get a novated lease on a Lexus LM
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With a Lexus LM, we estimate you could save $61,351.59
in tax with a 5-year novated lease from Smart.^

2026 Lexus LM
AAWH10R LM350h Sports Luxury Wagon 7st 5dr E-CVT 1sp 2WD 2.5i/134kW Hybrid
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Get started with a few detailsCar details
Overview
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.
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.
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.
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:
- Pay the residual value owed and own the car.
- Refinance the residual and keep leasing.
- Upgrade to a new car.
Smart can also help sell your car through Smart Sell™.
*Required information. By registering, I agree to the collection, storage, use and disclosure of my personal information in accordance with the Smart Privacy Policy and Privacy Collection Statement.
^ Pricing and savings figures are based on the following assumptions:
- 1. Residency in NSW 2000
- 2. Annual gross salary of $120,000
- 3. Annual travel distance of 15,000 km
- 4. A 5-year lease/loan term
- 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.