The Way Out is the debut album by Australian rock band Drag released 10 July 2005.

Drag recorded and toured for the album while lead singer and guitarist Darren Middleton was on a break from his other band Powderfinger.

Middleton had intended recording some of the Drag songs in the hiatus time, but when the opportunity was offered by Paul Piticco, Powderfinger's manager and founder of Dew Process to record on Dew Process, Middleton accepted.

The band enlisted David Nicholas as the album's producer, known for his work with Elton John.

Zombos Reviews gave the album a B−, saying that "All up, it's certainly not earth-shattering, but they don't embarrass themselves with anything hideously bad either.