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A bill of sale document lines out the details of a transaction between a buyer and seller. The seller and the buyer complete the bill of sale.You can use the Vehicle Bill of Sale (pdf) (MV-912). This process calls for a complete, welldrafted bill of sale. A bill of sale is only a record that a sales transaction occurred between two parties. A bill of sale for selling a car serves as proof of purchase and transfer of ownership. It's a combination of a sales receipt and a contract. A bill of sale is a document that verifies you've sold your car and provides basic information about the vehicle and the terms of the sale. A bill of sale for selling a car serves as proof of purchase and transfer of ownership. It's a combination of a sales receipt and a contract.