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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.
Fortunately, some states are more forgiving than others in regards to an expired license. These states offer grace periods in which a driver can renew an expired license without repercussions, or even drive with it. Grace period âbenefitsâ vary by state.