BMW dealer sold me a stolen X5!!

[torontofcfan]

In Oct 2004 I purchased a 2003 certified series X5 from a Toronto area BMW dealer.

I went into BMW last week to have it appraised and they lowballed me. The salesmen mentions that there is a problem, but doesn't mention anything further

So I went to a Honda dealer today and they pull a carproof and tell me the car was stolen in Feb 2003 and the value has gone to hell.

I was never told nor was it mentioned on my bill of sale that the car was stolen. (Certified series!!!) I would have never even considered buying it, because it is my family car!

I have no clue what do. Was the dealer not obligated to tell me about the history? I placed a call to the GM of the dealership and he put it on the used car manager. He didn't seem to take it serious.

Any help or suggestions would be greatly apprecitated.