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A bill of sale for a car should include the date of sale, a description of the vehicle (year, make, and model), the selling price, and warranty information. Even if the car is a gift or partially gifted, a bill of sale should still be created. It requires the full names, addresses, and signatures of both buyer and seller. A bill of sale is a legally binding document confirming the vehicle's purchase from a private entity but is not a title. However, it can be used to obtain the vehicle's title from the DMV. Essentially, it serves as a contract between buyer and seller, as long as it adheres to state guidelines.