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