Sounds like a great trip, I´m envious.
The time is enough but not a lot of extra time for hanging around, but you can modify your route I suppose, unless making it to Quito is a must for you.
Do you know what type of bike you are looking for and the price range in Chile? Used bikes are surprisingly expensive here, but maintain their value well if looked after.
Are you looking for a mid size multi purpose bike or are you one of these guys who wants the additional challenge of trying to get through with a Chinese made 125 cc bike?
Have you left some time at the end of the trip to resell?
You say you are pretty new to bikes, just how much experience do you have? I find the thought of an inexperienced biker in Bolivia, Peruvian Andes or Ecuador kind of scary. Anyway, Chile, Argentina, Uruguay and Brasil can give you a slightly less steep learning curve.
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