Pennsylvania Department of Transportation - Driver and Vehicle Services · Pennsylvania state form
MV-3 Motor Vehicle Fair Market Value Verification
Use MV-3 to verify a vehicle’s fair market value when its purchase price meets the form’s criteria. Submit it with the applicable title application.
- What this form is
- MV-3 records vehicle details, fair market value information, and explanations about how the purchase price was determined. The form applies to certain passenger vehicles, qualifying trucks, motorcycles, and recreational vehicles when specified purchase-price or listing conditions are met. The issuing agent and purchaser or seller complete designated sections. The completed form is submitted with Form MV-1, MV-4ST, or MV-217A.
- Who needs it
- Vehicle purchasers and sellers, with an issuing agent, when the vehicle and purchase price meet the form’s stated criteria.
- Why it needs a notary
- The form requires signatures in Sections E and F to be notarized. You can complete this online with a commissioned online notary.
- How to submit it
- Submit the completed form to the Bureau of Motor Vehicles along with Form MV-1, MV-4ST, or MV-217A.
Questions
What is Form MV-3 used for?
MV-3 verifies a vehicle’s fair market value when the purchase price or vehicle listing meets the conditions described in the form.
Who completes Form MV-3?
The issuing agent completes designated information, while the purchaser or seller completes applicable sections. The form also requests purchaser and seller signatures where indicated.
Does Form MV-3 need to be notarized?
Yes. The form says signatures in Sections E and F must be notarized. This can be done online with a commissioned online notary.