An Act relative to motor vehicle leasing parity

This bill gives car lessees (people leasing vehicles for personal or family use) the right to cancel their lease if the vehicle fails a required safety/emissions inspection within seven days of signing. To cancel, the lessee must show repair costs exceed 10% of the total lease payments and notify the dealer within 14 days, providing inspection reports. It updates existing consumer protection laws to apply equally to leased vehicles, not just purchased ones, by adding "leased" to key definitions and requiring dealers to honor this right. The law specifically excludes business vehicles and private sales, focusing on protecting individual consumers in long-term leases.