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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.
It is perfectly legal for a rental property owner to require the rent payment in full on or before the first of the month and to not offer any sort of grace period. Even with a grace period, the rental property owner legally has the right to serve notices regarding nonpayment of rent. I have seen many examples of landlords tightening their policies and rules, including a reduction or elimination of grace periods.