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A bill of sale for a car should include the sale date, a description of the vehicle (year, make, and model), the selling price, and warranty information. It is important to include the full names, addresses, and signatures of both the buyer and seller. Even if the car is given as a gift or partial gift, a bill of sale is still necessary. The bill of sale serves as a legally binding document confirming the purchase from a private party and is essential for obtaining the vehicle's title from the DMV. It essentially acts as a contract, making it legally binding if it adheres to state guidelines.