1

                                                              Rule 424(b)(3)
                                                           File No. 33-61649
                                                   Republic Industries, Inc.




                      SUPPLEMENT NO. 3 DATED DECEMBER 18, 1996
                         TO PROSPECTUS DATED AUGUST 11, 1995
                     AS SUPPLEMENTED BY SUPPLEMENT NO. 1 DATED
                       FEBRUARY 20, 1996 AND SUPPLEMENT NO. 2
                               DATED AUGUST 16, 1996



As a result of the transfer by Mr. Huizenga of his 24,997,440 shares of Common
Stock, the table of Selling Stockholders in the Selling Stockholder Section of
the Prospectus is hereby further supplemented as follows:


                                                                 Shares to be Offered for
                                    Shares Beneficially Owned             The Selling Stockholder's
Selling Stockholder                   Prior to the Offering                       Account
- -------------------                 -------------------------             -------------------------

                                                                           
H. Wayne Huizenga(21).............       29,462,557(22)                          24,997,440

Huizenga Investments Limited
Partnership(23)...................       24,997,400                              24,997,440



____________________________

        (21)    Mr. Huizenga has served as the Chairman of the Board and
                Chief Executive Officer of the Company since August 3, 1995.

        (22)    The aggregate amount of Common Stock beneficially (for 
                federal securities law purposes) owned by Mr. Huizenga 
                consists of (i) 24,997,400 shares of Common Stock owned by 
                Huizenga Investments Limited Partnership, a Nevada limited 
                partnership (the "Limited Partnership"), of which Mr. Huizenga
                is the sole limited partner and the sole shareholder of the 
                corporate general partner, Huizenga Investments, Inc. (the 
                "General Partner"), (ii) 1,000,000 shares held by his wife, 
                and (iii) vested options to purchase 2,000,000, 1,000,000 and 
                465,117 shares of Common Stock at exercise prices of $12.375, 
                $10.125 and $16.125 per share, respectively. Mr. Huizenga 
                disclaims beneficial ownership of the shares owned by his wife.

        (23)    Mr. Huizenga is (i) the sole limited partner of the Limited
                Partnership and (ii) the sole shareholder of the General
                Partner. As a result, Mr. Huizenga is deemed to own 
                beneficially (for federal securities law purposes) the shares 
                of Common Stock held by the Limited Partnership.