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A bill of sale for a car should include the sale date, vehicle description (year, make, and model), selling price, warranty information, and the full names, addresses, and signatures of both buyer and seller. Even if the car is a gift or partial gift, a bill of sale should still be created. The bill of sale is a legally binding document confirming the purchase from a private party, but it is not a title. It can be used to obtain a vehicle title from the DMV. Essentially, the bill of sale is a contract between buyer and seller, legally binding if it meets state guidelines.