Automotive Purchase - When do I legally own the car

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mbeach01

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I bought a Porsche with 12400 miles from Carmax 11 days ago. I have been waiting for my registration to come in and they have been giving the run around. Finally yesterday they indicated that they did not have authorization from the previous owner to sell the car although it appears that a new title was issued 6/2/2008 and I am assuming the new Owner is Carmax. They want the car back and are offering me a similar car in a different color with 23000 miles for the same deal. This is not the same car or an equal deal.

If I have an executed buyers agreement; a finance contract and a Florida Transfer of Registration form that indicates that within 30 days the dealer will transfer registration to me per Florida law, do I legally own the car?

If I legally own the car, can they do this? They have not provided me any evidence and I have only spoken to my original salesman. This smells like a scam to me.

Thank you in advance for your advice.
 
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