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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.
In Texas there is no grace period, but if you do not sign the posession paper and take ownership you can escape. You can back out of the deal... Most states allow up to 24 hours for a return policy. If you didn't drive the car off the lot, you never completely took ownership...Careful, the car dealâ¦.