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A bill of sale for a car should include the sale date, a description of the car (year, make, model), the selling price, and details if it's a gift. It must also contain warranty information, along with the full names, addresses, and signatures of both the buyer and seller. A bill of sale is a legally binding document that confirms the sale of a vehicle from a private party; it is not a title but can be used to obtain a vehicle title from the DMV. Essentially, it serves as a contract for the car purchase between the buyer and seller, provided it adheres to state guidelines.