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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. Even if the car is a gift or partial gift, a bill of sale is necessary. It must also contain the full names, addresses, and signatures of both the buyer and seller. A bill of sale serves as a legally binding document confirming the purchase from a private entity and is not a title itself; however, it can assist in obtaining the vehicle's title from the DMV. Essentially, it functions as a contract for the vehicle purchase, provided it adheres to state guidelines.