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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 partial gift, a bill of sale is still necessary. It must contain the full names, addresses, and signatures of both the buyer and seller. The bill of sale serves as a legally binding document that confirms the purchase of the vehicle from a private party and is not a title but can be used to obtain the vehicle's title from the DMV. It acts as a contract for the vehicle's purchase, provided it meets state guidelines.