YAMAHA MT-03 (2020 - on) Review
At a glance
Overall ratingNext up: Ride & brakes
Yamaha’s A2-compliant twin-cylinder MT-03 was launched in 2016 and has flown quietly under the radar, accounting for just 6% of European MT sales since the first MT-09 triples hit the showrooms back in 2013.
Keen to redress the balance and bag a larger stake in the A2 naked bike market, 2020 sees the ‘03 gain its first major update since its inception; receiving new styling, front forks, an LCD dash, a revised riding position and tweaked rear shock, with altered preload and damping settings, plus a stiffer spring.
- Related: Yamaha unveil updated MT-03
Yamaha are pitching this bike firmly at young riders, aged between 20 and 30, wanting something with big bike appeal – offering a stepping-stone between the L-plate-friendly MT-125 and middleweight MT-07.
Largely based on the fully-faired R3 sportsbike (updated for 2019) the 2020 MT shares the same dash, frame, and engine, with the tubular steel chassis, 321cc parallel-twin engine and ABS-equipped brakes all carried over from the original bike.
Ride quality & brakesNext up: Engine
Much like the also-new-for-2020 Yamaha MT-125, the latest A2-friendly ‘03 gets a reshaped tank in-keeping with the updated front-end design.
Remaining at a capacity of 14 litres, it’s now shorter with wider shoulders and more pronounced air intakes, moving you further over the front end. Yamaha have then added to this by placing the bars 39mm higher and 19mm closer to the pilot.
The result is a more engaging riding experience, which is further improved by the well-balanced chassis and a kerb weight of just 168kg. This allows you to throw the bike into corners with ease, as well as change direction quickly – ideal for tackling the urban sprawl as well as the occasional weekend backroad blast.
The two-piston front and single-piston rear calipers are ample, hauling the bike up in a controlled manner, without any discernible intrusion from the ABS. Around town, the rear lever is also perfectly placed for low speed manoeuvring, with the non-adjustable front item also within easy reach.
EngineNext up: Reliability
Unchanged from the previous generation of MT-03, the free-revving Euro4-compliant engine provides a silky-smooth, linear power delivery that’s unintimidating for new riders.
Also producing sufficient performance for experienced pilots, looking for something frugal for the daily commute, there’s enough poke to keep up and stay ahead of the traffic on any road, with the engine producing almost no vibrations, adding to the long-distance comfort.
It’s not just about practicality either, with the modest twin-cylinder lump encouraging you to wring its neck wherever possible, producing a delightful rumbly tone, reminiscent of Kawasaki’s old ER-6 range, which only gets better as you surge towards the 14,000rpm redline.
This is helped further by a crisp gearbox action and feather-light clutch, delivering no missed shifts either up or down the cogs during our morning’s ride. A mixture of town work and drizzly mountain passes, despite this tester’s best efforts, the fuel gauge showed a loss of just one bar out of a possible six, too.
Reliability & build qualityNext up: Value
Based on a basic recipe first conceived for the 2015 R3, the Indonesian-built Yamaha MT-03 has matured into a nicely-finished package, with solid switchgear and well-finished paintwork.
Using the same basic design since its inception, owners appear to have no complaints about the previous incarnation – backed up by glowing reviews from MCN readers on our Yamaha R3 tests.
Value vs rivalsNext up: Equipment
With a December 2019 launch price of £5099, the new bike is just £100 more than the outgoing model and £400 less than the fully-faired R3 (2019 pricing). Despite now looking more exciting and offering greater engagement with the improved riding position, the changes are probably not enough to warrant swapping out your first-generation MT-03.
Shrouding the improved LCD clocks, which remain easy to read in all light conditions, is a more aggressive dual LED headlight unit, helping to give the bike greater road presence and likely to appeal more to young riders than the previous machines conservative design. The taillight and indicators are also LED.
The inclusion of 37mm non-adjustable upside-down forks, which Yamaha say are now more rigid and provide greater feedback, also gives the bike more of a premium feel; looking like less of an everyday run-around and more like the A2-friendly supernaked that kids crave.
Unfortunately, in such a fiercely contested class, the Yamaha still looks quite bland, lacking the sophistication of Honda’s CB300R and the head-turning excitement of the thrapping single-cylinder KTM 390 Duke.
For some additional personalisation, Yamaha will also sell you a ‘Sport Pack’ consisting of a tank pad, fly screen, radiator guard and tail tidy. Also available is an Akrapovič end can, billet foot pegs, different chain guard and rear seat cover.
|Engine type||Liquid-cooled DOHC parallel twin|
|Frame type||Tubular steel chassis|
|Fuel capacity||14 litres|
|Front suspension||37mm upside down forks, non-adjustable|
|Rear suspension||Single shock, pre-load adjustable|
|Front brake||298mm single disc, two-piston caliper. ABS.|
|Rear brake||220mm single disc, single-piston caliper. ABS.|
|Front tyre size||110/70 x 17|
|Rear tyre size||140/70 x17|
Mpg, costs & insurance
|Average fuel consumption||74 mpg|
|Annual road tax||£44|
|Annual service cost||-|
|Used price||£4,300 - £5,100|
How much to insure?
Top speed & performance
|Max power||41 bhp|
|Max torque||21.8 ft-lb|
|1/4 mile acceleration||-|
|Tank range||228 miles|
Model history & versions
2016-2019 Yamaha MT-03 Launched a year after the first Yamaha R3, the original MT-03 (not to be mistaken by the 2006 XT660-derived urban cruiser) also featured a 321cc parallel-twin engine, producing 41.4bhp.
Complete with 41mm telescopic forks, styling on the first incarnation was slightly more reserved and spec was a little more basic, including a part-digital-part-analogue dash, rather than the new bike’s LCD display. A more relaxed riding position and softer rear shock spring also featured.
Yamaha YZF-R3 – Updated at the beginning of 2019, the first-generation R3 was launched back in 2015 and was the platform for the original MT-03; sharing the same engine, chassis and wheels. The only real thing that differed was the naked bike styling, with the YZF boasting a fully-faired sportsbike look.
For 2020, it’s much the same story, with the latest MT-03 again sharing the same brakes, chassis and engine as the 2019-on R3 (which actually come from the previous incarnation). Despite lacking the full fairing, it weighs just 1kg less, fully-fuelled.
MCN Long term test reports
2016 Yamaha MT-03 long-term test
MCN spent 12 months living with Yamaha’s A2 licence-friendly MT-03 to see what this ‘small big bike’ is really like to live with. Related: full 2016 Yamaha MT-03 review on MCN Here’s how we got on: Jump to Small bike that thinks big Can it keep experienced riders happy? Small bike big fun Going t…
Owners' reviews for the YAMAHA MT-03 (2020 - on)
No owners have yet reviewed the YAMAHA MT-03 (2020 - on).