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A bill of sale for a car should include the sale date, vehicle details (year, make, and model), selling price, warranty information, and the full names, addresses, and signatures of both the buyer and seller. Even if the car is a gift, a bill of sale is necessary. It serves as a legally binding document confirming the purchase from a private party, although it is not a title. The bill of sale can be used to obtain the vehicle's title from the DMV. Essentially, it acts as a contract for the vehicle purchase, binding both parties legally as long as it adheres to state requirements.