Do I need a title for a twenty (20) year old vehicle?

No, after three (3) years from the time of the bond purchase, you can obtain a clear title.

The central use of Bonded Titles is to act as a form of financial protection for potentially harmed parties. However, it also holds benefits for the bondholder. It can allow the bondholder to possess proof of ownership instead of an incomplete, non-existent, or lost title bond.

This is essential, as proof of legal ownership is necessary for buying insurance or selling the vehicle, trailer, vessel, snowmobile, or all-terrain vehicle. The bond may also be passed between owners if the vehicle, trailer, vessel, snowmobile, or all-terrain vehicle is sold, in much the same way a title transfer occurs when an original title is present.

The exact circumstances in which owners must take out a Bonded Title vary case by case. However, in most cases, if you own or wish to buy a vehicle, trailer, vessel, snowmobile, or all-terrain vehicle that lacks a title or if that title is incomplete, then a Bonded Title is necessary.

A bonded title, also known as a Certificate of Title Surety Bond or Lost Title Bond, is a document that establishes who owns a vehicle, trailer, vessel, snowmobile, or all-terrain vehicle. A bonded title can be used instead of a traditional title to register, get insurance for, or sell the vehicle, trailer, vessel, snowmobile, or all-terrain vehicle. 

No

Your "bill of sale".

If the vehicle is more than 15 years old you may use the "bill of sale."

If the vehicle is 15 years old or less, you must obtain a replacement title.