Key highlights
- Yamaha R3 and MT-03 rates reduced post GST revision
- Price cut of Rs 20,000 on both bikes
- Both models are sold as CBU
With the new GST slabs coming into effect from the previous month, Yamaha India has announced the freshly reduced prices for the R3 and MT-03 duo. Check the new prices below.
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Yamaha R3 and MT-03 new GST price
The automotive sector of India has recently undergone a massive reform of reduced GST rates for motorcycles and cars. While the bikes above 350cc became expensive, the motorcycles and scooters below this mark have seen a significant decrease in prices.
Following the footsteps of other manufacturers, Yamaha India has announced the reduced rates for the R3 and MT-03 bikes. Both motorcycles have now become cheaper by Rs 20,000 each. The new prices of both bikes are as follows:
Yamaha R3 – Rs 3,39,028
Yamaha MT-03 – Rs 3,29,608
Mind you, Yamaha imports the R3 and MT-03 in India and sells them as CBU or Completely Built Units. The launch price of this duo was earlier above Rs 4 lakh, which was later reduced by Yamaha.
However, the new GST cut has brought down the pricing into a more competitive state, where these bikes will enjoy the upper hand of parallel-twin engine performance, while competing with single-cylinder rivals like KTM.
Speaking of the engine specifications, both bikes are powered by a 321cc, parallel-twin, liquid-cooled engine that makes 42 PS of power and 29.5 Nm of torque. It is mated to a 6-speed transmission with slipper-assist clutch.
