An Act relative to motor vehicle leasing parity

This bill allows lessees (people leasing vehicles for at least one year) and buyers to cancel a vehicle purchase or lease if the vehicle fails a required safety/emissions inspection within seven days due to defects not caused by the buyer/lessee, and repair costs exceed 10% of the purchase price or total lease payments. To cancel, the buyer/lessee must notify the dealer within 14 days, provide inspection documentation, and may receive a full refund unless the dealer agrees to cover repairs. The law updates definitions to explicitly include "leased" vehicles in existing consumer protection provisions for used motor vehicles. It applies only to personal/family vehicle use, excluding business vehicles, off-road vehicles, and motorcycles.