The 2007–08 Scottish Football League Third Division was the 14th season in the format of ten teams in the fourth-tier of Scottish football. The season started on 4 August 2007 and ended on 26 April 2008. East Fife F.C. finished top and were promoted alongside Arbroath F.C. as play-off winners. Stranraer F.C. were also promoted due to Gretna being demoted to the Third Division.
Berwick Rangers as champions of the 2006–07 season were directly promoted to the 2007–08 Scottish Second Division. They were replaced by Forfar Athletic who finished bottom of the 2006–07 Scottish Second Division.
A second promotion place was available via a play-off tournament between the ninth-placed team of the 2006–07 Scottish Second Division, Stranraer, and the sides ranked second, third and fourth in the 2006–07 Scottish Third Division, Arbroath, Queen's Park and East Fife respectively. The play-off was won by Queen's Park who defeated East Fife in the final. Stranraer were therefore relegated.
Relegated from Second Division to Third Division
Promoted from Third Division to Second Division
Source: The League Insider
Teams play each other four times in this league. In the first half of the season each team plays every other team twice (home and away) and then do the same in the second half of the season.
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