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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, and model), the selling price, warranty information, and the full names, addresses, and signatures of the buyer and seller. Even if the car is a gift, a bill of sale is recommended. This document serves as proof of purchase and could be used to obtain the vehicle's title from the DMV. A bill of sale is essentially a contract between the buyer and seller for the purchase of a vehicle, and it is legally binding if it meets state guidelines.