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There is no grace period after signing a car lease. This assumes that there was no misrepresentation or fraud in the inception of the agreement. Also, dealerships generally display a No Cooling Off Period in the financing office and similar language is customarily on the lease and other documents.
Grace period. The length of time after a premium due date, during which a premium may be paid and coverage be continuous (7 days for weekly premiums, 10 days for monthly premiums, and 31 days for all others) After a lapsed premium, applicants can re-apply, and coverage is reinstated if not refused within ___ days. 45 days.