If both parties agree on a car purchase contract but have not yet signed it, the contract is not yet effective because the contract is established and effective when both parties sign, seal or fingerprint it. However, if one party has fulfilled the main obligations of the contract and the other party accepts it, the contract will come into effect.

Legal Basis

Article 143 of the "People's Republic of China and Civil Code"

Civil legal acts that meet the following conditions are valid:< /p>

(1) The actor has the corresponding capacity for civil conduct;

(2) The expression of intention is true;

(3) It does not violate the compulsory laws and administrative regulations Sexual regulations do not violate public order and good customs.

Article 470

The content of the contract shall be agreed upon by the parties and generally includes the following provisions:

(1) Name and address of the parties;

(2) Target;

(3) Quantity;

(4) Quality;

(5) Price or remuneration;

(6) Time limit, place and method of performance;

(7) Liability for breach of contract;

(8) Methods to resolve disputes.

The parties may conclude a contract by referring to the model texts of various types of contracts.

Article 490

Where the parties conclude a contract in the form of a contract, the contract is established when both parties sign, seal or fingerprint it. Before signing, sealing or fingerprinting, one party has performed its main obligations and the contract is established when the other party accepts it.