you can only cross the border once then you have to take the bike out of CR when your 90 days are up. The bike cannot reenter for the next 90 days. If you come to Panama they stamp the bike in your passport & you cannot leave without it.
It basically comes down to how much you want to sell the bike for. In Panama there are about $500 in legal costs & registration + import duties on valuation of the bike.
As a non citizen you would not then be able to take the bike out of Panama.
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