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A bill of sale for a car should include the sale date, a detailed description of the vehicle (year, make, and model), the selling price, and warranty information. Even if the car is given as a gift or partially gifted, a bill of sale is necessary. It must contain the full names, addresses, and signatures of both the buyer and seller. A bill of sale is a legally binding document that confirms a vehicle purchase from a private party but is not a title itself. It can help in obtaining the vehicle's title from the DMV. Essentially, it serves as a contract between the buyer and seller, provided it complies with state requirements.