Supposedly chile-reg vehicles that have been out of Chile for more than 6 months will be stopped at the border. Something to do with taxes needing to be paid and perhaps an easy fix if the original owner is there, but who knows if someone without any standing in Chile rocks up with a poder.
There are also problems at at least two borders between Chile and Peru where all of the purchase formalities have not been fully completed and the new owner is using a poder from the previous owner. Peru is refusing entry, but how that relates to the proposal by the OP is unknown.
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