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A bill of sale for a car should include the sale date, car 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 given as a gift or partial gift, a bill of sale is still necessary. It serves as a legally binding document, validating the vehicle purchase from a private party, and although it is not a title form, it is used to obtain a vehicle title from the DMV. Essentially, a bill of sale is a contract between buyer and seller, provided it adheres to state guidelines.