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A bill of sale for a car should include the sale date, a description of the vehicle (year, make, and model), the selling price, and whether the car was bought as a gift. It also requires warranty information, as well as the full names, addresses, and signatures of both the buyer and seller. While a bill of sale is not a title, it serves as a legally binding document confirming the purchase from a private party and can be used to obtain the vehicle's title from the DMV. Overall, it acts as a formal contract for the transaction, provided it adheres to state guidelines.