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A bill of sale for a car must include the sale date, a description of the car (year, make, model), and the selling price. It is important to create a bill of sale even for gifted vehicles. The document should also contain warranty details, as well as the full names, addresses, and signatures of both the buyer and seller. A bill of sale serves as a legally binding agreement confirming the purchase of the vehicle from a private party, allowing the buyer to obtain the car's title from the DMV. Most importantly, it acts as a contract that is enforceable as long as it adheres to state guidelines.