Yes, Uruguay seems to be very accommodating as far as transferring TIPs so as you said, you should be OK. I've heard of people buying vehicles with TIPs way out of date and they have managed OK.
On a recent post someone said that buying a bike in California would be no problem, but I think he was a Californian anyway so may not have been aware of the problems for foreigners. Usually a local is not the best source of information when it relates to non-locals. And he was referring to a foreigner who would be in the state at the time of purchase.
Might be worth also asking the question on Central and South America - Expedition Portal and also on Panamericana-Forum which seems to be pretty active as far as vehicle selling and buying goes.
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