Photo: Yamaha Motor Philippines, via yamaha-motor.com.ph.
321cc naked bike
Yamaha MT-03
- Suggested retail price
- ₱289,000
The Yamaha MT-03 is a 321cc naked bike, sold in the Philippines by Yamaha Motor Philippines, Inc. Its suggested retail price is at ₱289,000, last verified on 13 November 2026. With a 20% down payment of ₱57,800, the estimated monthly instalment starts at ₱8,211 over 36 months.
Source: Yamaha Motor Philippines, Inc. Last verified .
MT-03 at a glance
- Price (SRP)
- ₱289,000
- Engine
- Liquid-cooled, 4-stroke, DOHC, 4-valve, in-line, 2-cylinder
- Power
- 42 PS, 29.6 Nm
- Transmission
- Constant mesh, 6-speed
- Seat height
- 780 mm
- Curb weight
- 168 kg
- Fuel tank
- 14 L
- Warranty
- 1 year from date of purchase or 12,000 km, whichever comes first
Where the MT-03 stands
By starting price the Yamaha MT-03 is the 13th least expensive of 41 naked bikes in our catalogue, which puts it in the more affordable third of the category (the range runs from ₱88,888 to ₱2,395,000). Its displacement of 321 cc is smaller than the 649 cc median for naked bikes we list, and its output of 42 PS is below the 82.9 PS median for naked bikes we list. Shoppers looking at this naked bike usually also consider the Kawasaki Z500, Royal Enfield Guerrilla 450, CFMoto 450NK and Benelli 302S. Of those, the Royal Enfield Hunter 350 is the least expensive at ₱199,000 and the Kawasaki Z500 the most expensive at ₱289,800.
MT-03 variants and prices
| Variant | Transmission | SRP | Est. monthly |
|---|---|---|---|
| Standard6-speed manual | 6-speed manual | ₱289,000 | ₱8,211 |
Prices are the distributor's suggested retail prices as of the verified date and may differ at dealers. Registration, insurance and other fees are not included unless stated.
MT-03 down payment and monthly
For the Standard at ₱289,000. Monthly amounts by down payment and term, at the average of lenders' published rates.
| Down payment | 12 months | 24 months | 36 months |
|---|---|---|---|
| 10%₱28,900 | ₱23,589 | ₱12,739 | ₱9,237 |
| 20%₱57,800 | ₱20,968 | ₱11,324 | ₱8,211 |
| 30%₱86,700 | ₱18,347 | ₱9,908 | ₱7,184 |
| 50%₱144,500 | ₱13,105 | ₱7,077 | ₱5,132 |
Monthly figures are estimates, not loan offers. They use the published rates of Bank of the Philippine Islands (BPI) as of 13 November 2026. Your rate, fees and approval depend on the lender or dealer.
MT-03 specifications
| Engine and performance | |
|---|---|
| Engine | Liquid-cooled, 4-stroke, DOHC, 4-valve, in-line, 2-cylinder |
| Displacement | 321 cc |
| Max power | 42 PS |
| Power peak | 10,750 rpm |
| Max torque | 29.6 Nm |
| Torque peak | 9000 rpm |
| Fuel system | Fuel injection |
| Cooling | Liquid-cooled |
| Starter | Electric starter |
| Dimensions and weight | |
| Length | 2090 mm |
| Width | 755 mm |
| Height | 1075 mm |
| Wheelbase | 1380 mm |
| Seat height | 780 mm |
| Ground clearance | 160 mm |
| Curb weight | 168 kg |
MT-03 colors
Colour availability can vary by variant and dealer.
- Ice Storm
- Midnight Black
MT-03 rivals
Closest alternatives by type, price and size.
Where to buy the MT-03
Yamaha has 642 listed dealers and service outlets in the Philippines. Find the nearest Yamaha dealer, or send a request below.
Yamaha MT-03 questions and answers
How much is the Yamaha MT-03 in the Philippines?
The Yamaha MT-03 has a suggested retail price of ₱289,000, according to Yamaha Motor Philippines, Inc. as of 13 November 2026. Dealer prices and available units may differ.
How much is the downpayment and monthly installment for the Yamaha MT-03?
With a 20% downpayment of ₱57,800 on the ₱289,000 base price, the estimated monthly installment is ₱8,211 for 36 months. This uses the published rates of Bank of the Philippine Islands (BPI) as of 13 November 2026 and is an estimate, not an offer. Your actual terms depend on the lender or dealer.
What is the engine displacement of the Yamaha MT-03?
The Yamaha MT-03 has a 321 cc engine (Liquid-cooled, 4-stroke, DOHC, 4-valve, in-line, 2-cylinder). It produces 42 PS and 29.6 Nm of torque.
What is the seat height of the Yamaha MT-03?
The seat height is 780 mm, and the curb weight is 168 kg.
What is the fuel tank capacity of the Yamaha MT-03?
The fuel tank holds 14 litres.
What colors does the Yamaha MT-03 come in?
Yamaha Motor Philippines, Inc. lists 2 colors for the MT-03: Ice Storm and Midnight Black. Availability can vary by variant and dealer.
What is the warranty of the Yamaha MT-03?
The stated warranty is 1 year from date of purchase or 12,000 km, whichever comes first. Check the full terms with an authorised dealer.
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