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A bill of sale for a car should include the sale date, a description of the car (year, make, model), the selling price, and warranty information. Even for gifts or partial gifts, a bill of sale is necessary, which must have the full names, addresses, and signatures of both the buyer and seller. It serves as a legally binding document that confirms the vehicle purchase from a private entity, though it is not the title itself. The bill of sale can be used to obtain the vehicle's title from the DMV. Essentially, it is a contract that outlines the purchase agreement between the buyer and seller, provided it adheres to state guidelines.