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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, if applicable, warranty information. Both the buyer's and seller's full names, addresses, and signatures are necessary. It is a legally binding document confirming the purchase from a private party and is distinct from the vehicle title, although it can be used to obtain the title from the DMV. Overall, the bill of sale is a contract for the vehicle purchase between buyer and seller and is legally binding if it adheres to state guidelines.