Sam Rutherford,
Here is the deal - any foreign registered bike is allowed into Argentina or Chile or most other South American countries on a TVIP (temporary vehicle import permit) by accepting this temporary import the owner agrees not to sell the bike in country, to have valid insurance and to exit the bike within the time limits set by the TVIP.
Only the owner who entered the bike on a TVIP can exit the bike. The TVIP is issued at the border, port or air port - a secondary driver can be listed on the TVIP and entered into the computer only at time of issuance. (Some extreme exceptions)
If any illegal transfer of title occurs in country, all
insurance purchased in country or a multi country Mercosur policy is immediately null and void and the buyer will not be able to legally purchase insurance.
Oh, I am very sure most insurance companies will sell you insurance but before paying any liability for property damage or personal injury the title of the bike
will be professionally investigated and if an illegal sale - such as title transfer while entered into a country on a TVIP is discovered owner and new buyer may be arrested, the bike confiscated etc etc - without insurance which will be null and void if you illegally have attempted to purchase a foreign registered bike in country , you will stay in prison until a judge decides guilt and sentences or innocence.
The waiting time to get before a judge is 6 months or more, probably a lot more. If you have
valid insurance, your insurance company will be able to bail you out until time to go before a judge. An illegal purchase eliminates this possibility.
Local police in South America are for crime prevention only - State/Provincial police and Federal police do the investigating. Usually everyone involved in a serious accident goes to jail. It takes months, sometimes years for the accident to be investigated and put on the docket to go before a judge.
So, you might want to presume your presumption once again....now that you know the facts.
xfiltrate
If you do decide to purchase an Argentine registered vehicle/moto in Argentina, complete instructions to buy new or used are available for free at my web site:
www.xfiltrate.com or see ad on HUBB. just click on Buyin
g a Motorcycle in Argentina