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A bill of sale for a car should include the sale date, vehicle description (year, make, and model), selling price, any gift considerations, warranty information, and the buyer's and seller's full names, addresses, and signatures. It is a legally binding document confirming the purchase from a private party, not a title form, but it can be used to obtain the vehicle's title from the DMV. The bill of sale serves as a contract for the vehicle purchase and is legally binding as long as it meets state guidelines.