Hi David, I have had 3 friends buy bikes in Argentina "without" doing the official paperwork. This is what I recommend that you do also. It is rediculous to pay 2X the price for a bike that you will not be able to sell legally at the end of your trip anyway.
Email me for details on how to do it. There are plenty of U.S. travelers trying to get rid of there bikes in Argentina.
Do not make the mistake of spending too much time in Chile. Argentina is less expensive and had more to see.
Make sure to see Valdivia in Chile though.
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