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A bill of sale for a car should include the date of sale, a description of the car (year, make, model), the 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 is still necessary. This legally binding document confirms the purchase from a private party and is not a title itself, but it can be used to obtain the vehicle's title from the DMV. Essentially, a bill of sale is a contract for the vehicle purchase between buyer and seller, legally binding as long as it meets state guidelines.