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A bill of sale for a car should include the sale date, vehicle description (year, make, model), selling price, warranty information, and the full names, addresses, and signatures of both the buyer and seller. Even if the car is a gift or partially gifted, a bill of sale should still be created. The bill of sale is a legally binding document confirming the purchase from a private seller, but it is not a title. It can be used to obtain the vehicle's title from the DMV. In essence, it serves as a contract for the vehicle purchase between the buyer and seller, provided it adheres to state guidelines.