Table of Contents

Table of Contents

Table of Contents

Table of Contents

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) of the
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date earliest event reported): July 18, 2005

WFS Receivables Corporation 3

(Exact name of registrant as specified in charter)


California	333-122876	94-3401639

(State or other jurisdiction of incorporation)	(Commission file number)	(IRS employer identification no.)


444 East Warm Spring Road #116, Las Vegas, Nevada				89119

(Address of principal executive offices)				(Zip code)

Registrant’s telephone number, including area code: (702) 407-4317

This filing relates to Registration Statement No. 333-122876 and to 333-126688

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

			o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

			o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

			o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

			o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

TABLE OF CONTENTS


	ITEM 8.01 OTHER EVENTS
	ITEM 9.01 FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
SIGNATURES
INDEX TO EXHIBITS
Exhibit 99.1

ITEM 8.01 OTHER EVENTS

In connection with the proposed offering of WFS Financial 2005-3 Owner Trust Auto Receivable Backed Notes, Class A-1, Class A-2, Class A-3A, Class A-3B, Class A-4A, Class A-4B, Class B, Class C and Class D, attached as Exhibit 99.1 are certain materials (the “Computational Materials”) furnished by Banc of America Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated. The Computational Materials were computed using the Intex Solutions, Inc. DealMaker, which is a software program that permits users to compute various outcomes based upon the assumptions and certain information concerning the underlying pool of assets contained in the Preliminary Prospectus Supplement dated July 11, 2005.

The Computational Materials were prepared solely by the Underwriter, and the Registrant did not prepare or participate (other than providing the background information concerning each underlying pool of assets upon which the Computational Materials are based to the Underwriter) in the preparation of the Computational Materials.

ITEM 9.01 FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS


	Exhibit 99.1		Computational Materials (P)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


		WFS RECEIVABLES CORPORATION 3

Date: July 19, 2005
		/s/ KEITH FORD
		Keith Ford, Assistant Vice President and Secretary

INDEX TO EXHIBITS

Exhibit No.

Description

Computational Materials

WFS RECEIVABLES CORP 3 8-K