This used to be the right place to ask this question but at the moment there's conflicting.... Truths.
Many many people simply buy and ride on a poder, and even sell on a second PODER. It's legit, I've done it, so do hundreds of others every year. It's a legalised document stating that you have full authority over the vehicle.
If you buy a Peruvian bike in Perú at the moment you need a poder to leave the country with your supposedly 100% legal bike in your name anyway...
Many are having troubles leaving Chile with a Chilean bike in their name at the moment aswel.
Transferring a North American bike into your name is very easy, even without going there! For help contact Alex Smith at Overland Title Services (Google him). I highly recommend him and have used him in the past.
I have not found any evidence to the contrary that using a Poder is even frowned upon (and I would welcome some evidence, if it exists). At borders I was welcomed, all formalities were easy. I never once had a problem with police in any country, even if it was a different country to my poder.
I met several bikers with bikes on poders, some on multiple poders (one was on poder number 4). Again no problems.
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