When the V3S is in motion, there are severe FPS losses and gains between third and first person view modes.
While in third person, generally there is a more severe FPS loss the faster the V3S is travelling, especially in cities.
While in first person, FPS is generally better, but when you are driving the V3S in first person and look down at the wheel/instruments/pedals, VERY SEVERE FPS DROPS OCCUR.
Something about the rendering of the V3S itself, (while it is in motion), seems to be the source of lost frames.
I have not confirmed this is an occurrence with other vehicles.