Yamaha Goes Crazy; Launches New YZF-R3 at Astronomical ₹4.65 Lac

Yamaha R3 price is absolutely senseless in today’s scenario and it is baffling why isn’t the Jap not making this model in India…

At an event today, Yamaha India has officially announced the launch of the new YZF R3 for our market. The entry level faired mid-sizer has also been joined by the naked sibling MT-03. As shocking as it may sound, but both the models have been brought here as CBUs (Completely Built Units) – that attract insane amount of taxation.

This has meant that these motorcycles come at astronomical price tags that simply fail to justify their arrival. Here are the prices…

2023 Yamaha R3 Price

YZF-R3Rs 4,64,900
MT-03Rs 4,59,900

These above mentioned prices are ex-showroom Delhi and you would be surprised to know that the new R3 costs more than 1.10 Lac over the older model when it was discontinued few years ago. In fact, the biggest reason of the lukewarm response to the 300cc sportster earlier was its high price tag. And Yamaha has topped the icing this time!

At this tag of Rs 4.65 Lakh, the R3 is costlier by 1.22 Lakh than the immediate rival Kawasaki Ninja 300. Heck, it is even 55,000 costlier than the very recent Aprilia RS457.

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If you are still interested in the specs, both the R3 and MT03 are powered by the liquid cooled, DOHC, 321cc 4-valve engine that produces 42 PS of peak power at 10,750 rpm and 29.5 Nm of max torque at 9000 rpm. The R3 weighs 169 kilos wet whereas the naked sibling tips the scale at 167 kg. Icon Blue and Yamaha Black are the colors on offer for the R3 and the MT-03 is available in Midnight Cyan and Midnight Black.

yamaha r3 price

Yamaha has opened bookings of the motorcycles from today at the official website. And if you muster enough courage and are really lunatic about the Yamaha brand you can consider securing one for yourself, over the very impressive Ninja 300 or the much more interesting Aprilia RS457.

It would be a simple miracle if these motorcycles work at these ridiculous price tags. It is really disheartening to see such brilliant motorcycles getting killed even before arrival due to management related bad decisions. Relatively niche makers like Aprilia are making their mid-sizers in India but someone at Yamaha hasn’t understood our market, still!