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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 car is gifted or partially gifted, a bill of sale is still necessary. It must also contain the full names, addresses, and signatures of both the buyer and seller. Although a bill of sale is not a title, it is a legally binding document that confirms the sale and can be used to obtain the vehicle's title from the DMV. Essentially, it serves as a contract for the vehicle purchase between the buyer and seller, following state guidelines for legality.