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A bill of sale for a car should include the date of the sale, a description of the vehicle (year, make, model), the selling price, and warranty information. Even if the car is given as a gift or partial gift, a bill of sale should still be created. It must include the full names, addresses, and signatures of both the buyer and seller. This document serves as a legally binding agreement confirming the purchase from a private party and is not a title itself but can be used to obtain the vehicle's title from the DMV. Following state guidelines is essential for the bill of sale to be legally binding.