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A bill of sale for a car must include the sale date, a description of the car (year, make, model), the selling price, and warranty information. If the car is a gift, a bill of sale is still necessary. It should 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 party, though it is not a form of title. It can be used to obtain the vehicle's title from the DMV. Essentially, a bill of sale is a contract for vehicle purchase that is enforceable if it meets state guidelines.