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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 buyer and seller. The bill of sale is a legally binding document confirming the purchase from a private party, not a title. It can be used to obtain the title from the DMV. In simple terms, a bill of sale is a contract for vehicle purchase between buyer and seller, legally binding if it follows state guidelines.