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A bill of sale for a car should include essential details such as the sale date, car description (year, make, and model), selling price, and warranty information. Even if the car is a gift or partial gift, a bill of sale should still be completed, which must include the full names, addresses, and signatures of both the buyer and seller. A bill of sale is a legally binding document confirming the purchase from a private party, but it is not a title itself. Instead, it can be used to obtain the vehicle's title from the DMV. Essentially, a bill of sale serves as a contract between the buyer and seller, provided it adheres to state guidelines.