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A bill of sale for a car should include the sale date, a description of the vehicle (year, make, model), and the selling price. If the car is a gift or partially gifted, a bill of sale is still necessary. It must contain warranty information, as well as the full names, addresses, and signatures of both the buyer and seller. While a bill of sale is a legally binding document confirming the purchase from a private party, it is not a title itself. However, it can aid in obtaining the vehicle's title from the DMV. Essentially, it serves as a contract for the purchase of a vehicle, provided it adheres to state guidelines.