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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 sale 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. The bill of sale is a legally binding document that confirms the purchase of the vehicle from a private party but is not a title itself; however, it can be used to obtain the vehicle's title from the DMV. In essence, the bill of sale serves as a contract between the buyer and seller, ensuring it meets state guidelines for legality.