Looney Tunes Golden Collection: Volume 3 is a DVD box set from Warner Home Video that was released on October 25, 2005. The third release of the Looney Tunes Golden Collection DVD series, it contains 60 Looney Tunes and Merrie Melodies theatrical short subject cartoons, nine documentaries, 32 commentary tracks from animators and historians, 11 "vintage treasures from the vault", and 11 music-only or music-and-sound-effects audio tracks.

Volume 3 is the first in the series to have a disclaimer on the box art stating that the set "is intended for the adult collector" and may not be suitable for younger audiences. It is also the first to feature a warning, given by Whoopi Goldberg, a fan of the Warner Bros. cartoon characters, who tells the viewers that some of the cartoons on the set contain content that is politically incorrect by today's standards, but will be shown uncut for historical reasons, because "removing these inexcusable images and jokes from this collection would be the same as saying [these prejudices] never existed". Future volumes also contain this warning, which is presented instead as a title card before the main menu.

As with Volumes 1 and 2, the individual discs were released separately in Regions 2 & 4:

These single-disc versions have changed package of contents, as well as excluding all bonus features.

In the UK (Region 2), the set was released unchanged in 2006.

In The New York Sun, author and critic Gary Giddins had complained that Looney Tunes Golden Collection: Volume 1 and Looney Tunes Golden Collection: Volume 2 were lacking in black-and-white shorts and seemed to avoid the more politically incorrect cartoons in the series. When his review was reprinted in the book, Natural Selection: Gary Giddins on Comedy, Film, Music, and Books, Giddins noted that Volume 3 made up for its forerunners' shortcomings by including some of the racial caricatures of the series, preceded by an explanatory introduction by Whoopi Goldberg.