Is there a grace period when you lease car?
Yes, most car leases have a grace period for late payments, which is typically a few days to a week. During the grace period, you can make your late payment without incurring any late fees. However, if you do not make your payment within the grace period, you will be charged a late fee. The late fee amount varies depending on the lender, but it is typically a percentage of the total payment amount.