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A bill of sale for a car should include the date of the sale, a description of the car (year, make, model), selling price, warranty information, full names, addresses, and signatures of both buyer and seller. The document is legally binding and confirms the purchase from a private party. It is not a form of title but can be used to obtain the vehicle's title from the DMV. The agreement is a contract for the purchase of a vehicle between the buyer and seller, following state guidelines for legality.