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I signed a vehicle lease today and want to cancel under Florida Cooling Off law. Can I?

I signed a vehicle lease today and want to cancel under Florida Cooling Off law. Can I?

Q: How long do I have to back out of a car lease?

In Florida, you do not have a specific time frame to back out of a car lease once you have signed it and taken possession of the vehicle. The lease is legally binding, and you must adhere to its terms.

Q: Can I get out of a car lease after signing?

Getting out of a car lease after signing in Florida can be difficult. Without a cooling-off period, you are typically obligated to fulfill the lease terms. However, you may explore options like lease transfer or early termination, which may involve fees.

Q: Can you cancel a car lease right after signing?

No, in Florida, you cannot cancel a car lease right after signing it. Once you take possession of the vehicle, you are bound by the lease agreement, and there is no cooling-off period to cancel.

Q: Can you void a signed lease?

Voiding a signed lease in Florida is not straightforward. Generally, leases are binding once signed. You may only void a lease under specific circumstances, such as fraud or misrepresentation, but this can be legally complex.

Full question:

I signed a vehicle lease today and after farther thought decided I don't like the terms of the lease. Do I have a day or two to cancel. I have taken possession of the car and traded in my old car.

Category: Automobiles
Date: 04/07/2025
State: Florida

Answer:

There is no three (3) day cooling off period for purchase of a car in Florida. The Florida law applies to things like home solicitation agreements and other similar contract. Your contract may even state somewhere that there is no cooling off period.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

Can I change my mind after signing a car lease?

Once you sign a car lease in Florida, you generally cannot change your mind. There is no cooling-off period that allows you to cancel the lease after taking possession of the vehicle. Your lease agreement likely specifies that you are bound by its terms once signed.