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A bill of sale for a car should include the sale date, a description of the vehicle (year, make, model), the selling price, and warranty information. If the car is a gift or partially gifted, a bill of sale is still necessary. It must also contain the full names, addresses, and signatures of both the buyer and seller. The bill of sale serves as a legally binding document confirming the vehicle purchase from a private party, though it is not a title. This document can be used to obtain the vehicle's title from the DMV. Essentially, a bill of sale agreement acts as a contract for the vehicle purchase, binding both parties if it adheres to state guidelines.