30-Year Arcs / A2 Naked / Yamaha MT-03 Lineage
Yamaha Japan

Yamaha MT-03. A2 with style.

The current MT-03 launched 2016 alongside the YZF-R3. 1996 was the SR125 / Diversion era; 2006 was the YBR125 / FZ150 (mostly entry commuter offerings); 2016 = MT-03 launches; 2026 = MT-03 (still made, periodic updates). Yamaha first proper A2-targeted naked bike with attitude.

1996
Yamaha SR125
2006
Yamaha YBR125
2016
MT-03 (launches)
2026
MT-03
Continual audits are underway to verify local pricing for every bike in every market. Apologies for any gaps you see while this is in progress.
1996 SR125 era · 1996

Yamaha SR125

124cc air-cooled single
Yamaha entry commuter

124cc air-cooled single
12 bhp
10
110
770
ABSFuel injectionTraction controlRide modesLCD only124cc air-cooledDrum rear
Known issues
  • SR125 — carb gumming after sitting — all years
  • Stator failure — high-mile bikes
  • Otherwise legendarily simple and durable single
none — sub-250 gap
2006 YBR125 era · 2006

Yamaha YBR125

124cc air-cooled single
Modern Yamaha commuter — ubiquitous CBT bike

124cc air-cooled single
10 bhp
10
125
780
ABSFuel injectionTraction controlRide modesLCD only124cc air-cooledCBT-friendly, indestructible
Known issues
  • YBR125 — clutch basket wear — all years
  • Stator failure — high-mile bikes
  • Bulletproof commuter platform
TT-R230 / V Star 250
2016 MT-03 launches · 2016

Yamaha MT-03

321cc liquid-cooled parallel twin
YZF-R3 platform, naked bodywork

321cc liquid-cooled parallel twin
42 bhp
30
168
780
ABSFuel injectionTraction controlRide modesLCD only321cc parallelA2-friendly, sharp
Known issues
  • MT-03 (first gen) — fuel pump priming issues — 2016-19
  • Front fork seal weeping — all years
  • Otherwise reliable
$4,599
$5,793
$3.5–4.5k
2026 Current · 2026

Yamaha MT-03

321cc liquid-cooled parallel twin
Periodic updates, same fundamental bike

321cc liquid-cooled parallel twin
42 bhp
30
168
780
ABSFuel injectionTraction controlRide modes5" colour321cc parallelA2-friendly, smartphone
Known issues
  • 2020-on facelift addressed prior issues — no widespread field problems
$4,999
$4,999
$5k new
// 30-Year Delta

What actually changed.

1996 → 2026 · 30 years of "progress"
Engine architecture 125 single → 321 twin The MT-03 (2016+) introduced a properly modern A2-targeted twin-cylinder engine. The 1996 SR125 and 2006 YBR125 were carbed singles aimed at CBT learners. The MT-03 is fundamentally a different category of bike — A2 sport-naked, not commuter.
Power gain +30 to +32bhp 12bhp SR125 → 42bhp MT-03. More than triple the power. The MT-03 sits right at the A2 power limit (47bhp absolute max, 42bhp typical) — designed to be A2-friendly out of the box without restrictors.
Why this lineage shifted A2 licence rules European A2 licence (introduced 2013) capped power at 47bhp / 35kW. This created a market for bikes designed specifically for the A2 limit — fast enough to feel like proper bikes, not just commuters. The MT-03, Duke 390, Ninja 400 all came out of this regulatory shift.
Real cost change +$3.6k SR125 was $2,430 in 1996 ($4,860 today). MT-03 is $8,505 for 2026 — 75% more in real terms. But the MT-03 is also a fundamentally bigger bike — twin cylinder, double the power, twin-disc front, ABS, TFT. Hard to compare directly. The closest 2026 equivalent to the SR125 in spirit would be the Yamaha MT-125 at $6,953.
Weight comparison +58kg 110kg dry SR125 → 168kg wet MT-03. The MT-03 is 53% heavier. Different bike, different mission — but worth noting that A2 bikes have grown significantly in mass over the years. ABS hardware, twin discs, larger fuel tank, longer chassis all contribute.
Yamaha A2 strategy MT-03 + MT-07 ladder Yamaha A2 bike strategy is the MT-03 (entry A2) and MT-07 (the de-restricted A licence bike for many riders). The MT-07 makes 73bhp standard but can be restricted to 47bhp for A2. Many A2 riders buy the MT-07 already restricted, then de-restrict it when they upgrade. The MT-03 stays as the genuine entry-level option.
Cheapest way in $1,080 A clean YBR125 from 2006-2014. The CBT bike everyone learned on. Indestructible, simple, 80mpg, dirt cheap to run. Still legal for L-plate riders today. Probably the cheapest way to get a Yamaha into your garage. Different bike to the MT-03 but the spiritual entry point.
// Sources

Where these numbers come from

Prices are real US MSRPs from Yamaha North America press releases / Motorcycle.com archives. Note: SR125 and YBR125 were never sold in the US. The MT-03 first arrived US for MY2020. Used-market from Cycle Trader, May 2026. Inflation calculated using US BLS CPI-U.

1996 Yamaha SR125 Manufacturer specs · Cycle World · Motorcycle.com
2006 Yamaha YBR125 Manufacturer press · Cycle World · autoevolution
2016 Yamaha MT-03 Manufacturer US specs · Motorcycle.com · Total Motorcycle
2026 Yamaha MT-03 Manufacturer US · Cycle World · RevZilla Common Tread