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A bill of sale for a car should include the sale date, a detailed description of the vehicle (year, make, model), the selling price, and warranty information. If the vehicle is a gift or partially gifted, a bill of sale should still be created. It must also contain 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 seller, but it is not a title itself. It can be used to obtain the vehicle's title from the DMV. Essentially, it serves as a contract between the buyer and seller, as long as it adheres to state guidelines.