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A bill of sale for a car should include the sale date, a description of the vehicle (year, make, model), the selling price, and warranty information. If the car is a gift 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. A bill of sale is a legally binding document that verifies the purchase of a vehicle from a private party, though it is not a title. It can help in obtaining the vehicle's title from the DMV. Overall, it serves as a contract between the buyer and seller, provided it adheres to state guidelines.