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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 warranty information. Even if the car is a gift, a bill of sale is still necessary and must contain the full names, addresses, and signatures of both the buyer and seller. The bill of sale serves as a legally binding document confirming the purchase from a private entity, though it is not a title itself. It can be used to obtain the vehicle's title from the DMV. Overall, a bill of sale functions as a contract between the buyer and seller, provided it meets state guidelines.