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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), and the sale price. Even if the car is a gift or partially gifted, a bill of sale is still necessary, along with warranty information. It must include 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 party, although it is not a title itself. It can be used to obtain the vehicle's title from the DMV. Essentially, it is a contract for the vehicle purchase between the buyer and seller, provided it adheres to state guidelines.