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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, warranty information, and the full names, addresses, and signatures of both the buyer and seller. Even if the car is a gift, a bill of sale is still necessary. It serves as a legally binding document confirming the purchase from a private party and is used to obtain the vehicle's title from the DMV. Essentially, a bill of sale is a contract for the vehicle purchase and is legally enforceable if it adheres to state guidelines.