The 2023 Yamaha MT-03 is a 321cc, ABS-equipped street motorcycle with a six-speed transmission, a 30.7-inch seat height and a manufacturer-estimated 56 mpg. Yamaha lists a $4,999 starting price, but that is not an out-the-door quote: taxes, title, preparation, destination and dealer pricing can change what a buyer pays. For a used or remaining-stock bike, verify the individual motorcycle’s condition, history and paperwork before judging its value.
2023 Yamaha MT-03 specs
Yamaha’s U.S. specifications describe the 2023 MT-03 as a compact street bike with a liquid-cooled parallel-twin engine and standard ABS. The figures below are manufacturer specifications; they do not describe the condition or performance of a particular used motorcycle. Yamaha’s 2023 MT-03 specifications
| Category | 2023 U.S. specification |
|---|---|
| Engine | 321cc, liquid-cooled, DOHC, four-stroke inline twin; four valves per cylinder |
| Bore × stroke | 68.0 × 44.1 mm |
| Compression ratio | 11.2:1 |
| Fuel and transmission | Fuel injection; wet multiplate clutch; constant-mesh six-speed gearbox; chain final drive |
| Fuel capacity | 3.7 gallons |
| Estimated fuel economy | 56 mpg, Yamaha estimate—not a guaranteed real-world result |
| Wet weight | 373 lb, including standard equipment, fluids and a full fuel tank; optional accessories excluded |
| Seat height | 30.7 in |
| Overall dimensions | 82.3 × 29.7 × 42.1 in |
| Wheelbase | 54.3 in |
| Rake and trail | 25° rake; 3.7 in trail |
| Ground clearance | 6.3 in |
| Front suspension | 37 mm KYB inverted fork; 5.1 in travel |
| Rear suspension | Single shock with seven-step preload adjustment; 4.9 in travel |
| Brakes | 298 mm front and 220 mm rear hydraulic discs with ABS |
| Tires | 110/70R17 front; 140/70R17 rear |
Features Yamaha lists
The feature page lists an LCD instrument display, LED turn signals, a single LED headlight with dual position lights, a diamond-type frame and a 22.6-inch asymmetrical swingarm. Yamaha describes the engine as an inline twin with a 180-degree crank and integrated counterbalancer; that is the manufacturer’s description, not an independent assessment of smoothness. Yamaha MT-03 feature page
2023 Yamaha MT-03 price: MSRP versus the amount you pay
Yamaha’s model page displays a $4,999 starting price. Its 2023 specifications page says MSRP excludes tax, title, preparation and destination charges, and that dealers set actual prices. The currently displayed model-page amount and the 2023 model-year MSRP language are useful reference points, not a dealer quote for a specific motorcycle. Ask the seller for an itemized written price, including every fee, and confirm whether the bike is new, used or remaining stock. Yamaha 2023 MT-03 specifications and pricing notice Yamaha MT-03 model page
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For context, J.D. Power’s page accessed October 7, 2026 lists a $4,999 suggested list price, $4,000 low retail value and $5,265 average retail value. These are third-party valuation references, not observed local sale prices or condition-adjusted offers. Mileage, condition, maintenance, title status, location and included accessories can all affect what a particular example is worth. J.D. Power 2023 Yamaha MT-03 values
Yamaha’s November 2022 announcement said the MT-03 would return unchanged for 2023. It did not state a specific MT-03 price or availability date; the announcement directs buyers to a local dealer for availability and price. Yamaha’s 2023 motorcycle-model announcement
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What to check before buying a used or remaining-stock MT-03
Published specifications cannot establish the condition of an individual bike. Inspect the motorcycle and its records, and have a qualified mechanic assess any concerns rather than treating a clean-looking example as proof of sound maintenance.
- Verify identity and ownership: Match the VIN on the motorcycle to the title and paperwork. Confirm the title status and that the seller can legally transfer ownership.
- Review maintenance and repair history: Ask for service records, receipts and details of crash repairs or other damage. Check what accessories are included in the sale.
- Observe a cold start: If possible, see the engine started from cold. Watch for warning lights and ask about any that remain illuminated; do not treat a seller’s explanation as a substitute for diagnosis.
- Inspect suspension and brakes: Look for fork or shock leaks and assess brake components and operation. Have a mechanic investigate visible damage, leaks or uncertain braking performance.
- Check tires and drivetrain: Review tire tread and date markings, and inspect the chain and sprockets for condition and maintenance. Replacement needs should be part of your cost calculation.
- Test basic equipment: Check controls, lights and instruments, and confirm that stated accessories are present and working.
- Confirm warranty status: Ask Yamaha or an authorized dealer whether any warranty remains on that specific motorcycle and what terms apply; do not assume a used bike or older model-year stock has coverage.
Is the Yamaha MT-03 good for beginners?
There is no universal yes-or-no answer: rider fit, training and the individual bike matter. The published figures offer practical points to evaluate. The 30.7-inch seat height and 373-pound wet weight are useful when assessing reach and handling at a standstill, while the 321cc engine, six-speed transmission and standard ABS describe key parts of the package. Those specifications alone do not establish that the motorcycle is suitable for every new rider.
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Yamaha describes the compact body and low seat as making the bike enjoyable in traffic and on open roads, but that is promotional manufacturer language rather than independent test evidence. A prospective beginner should sit on the motorcycle, assess whether they can manage it comfortably, and pursue appropriate rider training before riding. Yamaha advises reading the owner’s manual and warning labels and wearing a helmet, eye protection, a riding jacket or long-sleeve shirt, long pants, gloves and boots. Yamaha MT-03 feature and safety information
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.How to compare it with other small street motorcycles
Compare the same model year and market, and use the same basis for price. A listed MSRP is not comparable to another bike’s out-the-door quote. Relevant points include:
- Purchase price, dealer fees and any immediate maintenance or replacement costs
- Engine layout and displacement, wet weight and seat height
- Whether ABS is standard
- Front and rear suspension design and adjustment
- Fuel capacity and the status of any fuel-economy figure as estimated or independently measured
- Warranty terms, local dealer and parts support
These are comparison criteria, not claims that the MT-03 is superior on each one. Confirm specifications for the exact market and model year, since equipment can differ.
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Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
