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Yamaha MT15: Price, Mileage, Colours

Author: Varsha SinghCategory: Buy Used BikeReading time: 16 min read
Yamaha MT15: Price, Mileage, Colours

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Yamaha MT15: Price, Mileage, Colours

The Yamaha MT15 costs roughly ₹1.64 lakh to ₹1.80 lakh ex-showroom depending on variant, carries an ARAI-certified figure of 56.87 kmpl, and is sold in seven colours. That's the quick version.

Here's the part that matters more if you're shopping used: a 2023 MT15 and a 2026 MT15 are not the same motorcycle. Same badge, same 155cc engine, different safety kit. One has dual-channel ABS and traction control. The other has single-channel ABS and neither.

Nobody selling you a used one is going to open with that.

Quick answer: what you need to know about the Yamaha MT15

  • Engine: 155cc liquid-cooled, 18.4 PS at 10,000 rpm, 14.1 Nm at 7,500 rpm, 6-speed.
  • Price: around ₹1.64–1.80 lakh ex-showroom by variant. On-road in Delhi lands near ₹1.90 lakh.
  • Mileage: 56.87 kmpl on the ARAI cycle. Owners report closer to 40–45 kmpl in real city traffic.
  • Colours: seven, across the standard and DLX trims.
  • Safety kit is model-year dependent. Traction control and the colour TFT display arrived on the 2025 update. Bikes before that don't have them.
  • Buying used: check the year and the ABS type before you check the price. They decide what you're actually getting.

Yamaha MT15 specifications at a glance

Specification

Yamaha MT15 (current model)

Engine

155cc, liquid-cooled, SOHC, 4-valve, fuel injected

Valve tech

Variable Valve Actuation (VVA)

Maximum power

18.4 PS (13.5 kW) @ 10,000 rpm

Maximum torque

14.1 Nm @ 7,500 rpm

Transmission

6-speed constant mesh, assist and slipper clutch

Frame

Deltabox

Front suspension

37mm telescopic upside-down fork

Rear suspension

Linked-type monocross

Front brake

282mm disc

Rear brake

220mm disc

ABS

Dual-channel (Bosch)

Traction control

Yes

Tyres

100/80-17 front, 140/70R-17 radial rear, tubeless

Fuel tank

10 litres

Kerb weight

141 kg

Seat height

810 mm

Ground clearance

170 mm

Wheelbase

1,325 mm

Fuel compatibility

E20

The model year decides what you get

This is the section most MT15 articles skip, and it's the one that costs used buyers money.

The badge has been on three meaningfully different motorcycles.

 

2019–2021 (first generation)

2022–2024 (Yamaha MT15 V2)

2025 onwards

Power / torque

18.5 PS / 13.9 Nm

18.4 PS / 14.1 Nm

18.4 PS / 14.1 Nm

Front suspension

Conventional telescopic

Upside-down fork

Upside-down fork

Swingarm

Box-section steel

Cast aluminium

Cast aluminium

ABS

Single-channel

Single-channel

Dual-channel

Traction control

No

No

Yes

Display

LCD

LCD with Bluetooth

Colour TFT, turn-by-turn navigation

Kerb weight

138 kg

141 kg

141 kg

Read that ABS row again.

A seller listing a 2023 bike is selling a motorcycle with a single-channel system, meaning the rear wheel has no ABS at all. That is not a defect and it was never advertised as dual-channel. But if you read a spec sheet for the current bike and assumed it applied to the one in the photographs, you have just bought different brakes from the ones you thought you were buying.

Check the year. Then check the ABS.

Yamaha MT15 price: what it actually costs

The Yamaha MT15 price splits by variant. As of September 2026:

Variant

Approx. ex-showroom

What you get for the extra

Standard

₹1.64–1.70 lakh

Metallic Silver Cyan or Metallic Black, colour TFT

DLX

₹1.76–1.80 lakh

DLX graphics, turn-by-turn navigation

On-road in Delhi, the number lands close to ₹1.90 lakh once registration, RTO charges, insurance and taxes are added. That gap between ex-showroom and on-road is roughly ₹20,000–25,000, and it is the number people forget when they budget.

Prices also move between cities, because road tax doesn't. Two riders in two states pay different amounts for the same motorcycle on the same day.

If you're comparing a used one, the figure that matters isn't the seller's asking price. It's the actual market price of comparable used bikes — same year, same variant, same kilometres, same city. A bike priced ₹8,000 below that band has a reason for being there. Find the reason before you decide it's a bargain.

And a cheap bike that needs tyres, a chain set and fork seals isn't cheap. It's a deferred invoice.

What a used MT15 actually sells for: our own numbers

Most articles stop at "used prices vary." Here is what ours have actually been listed at.

These are real MT15s that came through Vutto in Delhi NCR — inspected, refurbished and listed. Small sample, so read it as a shape rather than a price list.

Registration year

Bikes listed

Odometer range

Listed price range

2022

1

23,904 km

₹91,000

2023

2

22,946–25,440 km

₹96,000 – ₹1,04,000

2024

6

2,824–24,357 km

₹1,17,500 – ₹1,68,000

2025

1

9,567 km

₹1,47,500

2026

1

2,794 km

₹1,51,000

Now look at the 2024 row again.

Six bikes, one model year, and a ₹50,500 gap between the cheapest and the dearest. The ₹1,17,500 bike had 24,357 km on it. The ₹1,68,000 bike had 4,011 km. Roughly 20,000 kilometres of difference, and the market priced it at about ₹2.50 a kilometre.

That is the entire argument of this article in one row of a table. The model year told you almost nothing. The odometer and the condition told you everything.

Two other things worth knowing from the same set:

  • Every MT15 we listed was a first-owner bike. Second and third-owner MT15s exist in the market. They just don't clear our inspection often enough to reach a listing page.
  • The MT15s people offer us average around 22,400 km. Across 220 MT15 sell enquiries, 49 got as far as a physical inspection. This is a bike people ride, not a bike people garage.

Figures from Vutto's own inventory and inspection records, Delhi NCR, as at September 2026. Listed prices, not sold prices. Sample sizes are stated so you can weigh them yourself.

MT15 mileage: the honest numbers

Yamaha's ARAI-certified figure is 56.87 kmpl. Owner-reported figures on public listings sit nearer 40–45 kmpl.

Both numbers are real. They measure different things.

The ARAI test runs a fixed cycle in controlled conditions. Your commute has traffic lights, a right wrist, and a pillion on Fridays. MT15 mileage in practice is decided by:

  • Traffic density and how much of your ride is stop-start
  • Average speed and how often you use the top half of the rev range
  • Tyre pressure, which almost nobody checks weekly
  • Air filter and spark plug condition
  • Chain tension and lubrication
  • Combined rider and luggage weight

On a used bike, add one more: service history. A neglected MT15 with a clogged filter and a stretched chain will read several kmpl below a maintained one with the same odometer.

The VVA system helps here. It gives the engine usable torque low down without killing top-end, which means you're not forced to rev it in traffic to keep up. Ride it that way and the fuel figure follows.

Yamaha MT15 colours

Seven options are currently listed across the two trims:

  • Metallic Black
  • Metallic Silver Cyan
  • Metallic Black DLX
  • Ice Storm DLX
  • Vivid Violet Metallic DLX
  • Ice Fluo Vermillion DLX
  • Monster Energy Yamaha MotoGP Edition

Buying a Yamaha MT15 black? Look harder at the panels

The Yamaha MT15 black is the volume seller, and on a used bike black is the most revealing paint there is.

Dark paint shows swirl marks, orange peel from a cheap respray, and panel-to-panel colour mismatch that lighter finishes hide. Take the bike into direct daylight and look along the panels at an angle rather than straight on.

Where to look:

  • Fuel tank, along the top edge and around the knee recesses
  • Side panels and tail section
  • Front cowl and headlight surround
  • Bar-end weights, footpegs, exhaust shield and engine covers

Fresh paint on one panel isn't automatically a problem. Bikes get dropped in parking lots. But it's a question worth asking out loud, because the answer is either "it got scratched" or "it went down," and those two answers are worth different amounts of money.

Scuffed bar-ends and footpegs on the same side as a repainted panel usually tell you which answer is true.

For what it's worth, black isn't even the most common MT15 we see. Across our own MT15 listings, grey outnumbered black roughly six to four, with a single blue bike. If you specifically want a black one, that's a slightly smaller pool to choose from than the search volume suggests.

New Yamaha MT15 vs used: which one fits you?

Factor

New

Used

Upfront cost

Full on-road price

Lower, by a lot on older years

First-year depreciation

You absorb it

Already paid by someone else

Insurance premium

Higher, on full IDV

Lower, on depreciated IDV

Feature set

Latest, dual-channel ABS and traction control

Depends entirely on year

Service history

Starts with you

Has to be verified

Accident history

None

Has to be investigated

Mechanical condition

Factory fresh

Has to be inspected

Buy new if you want the current safety kit specifically, you want to be the first owner, and the on-road price fits.

Buy used if you'd rather let someone else pay the depreciation and you're willing to do the verification work. On a 2022–2024 bike you're getting the upside-down forks and the aluminium swingarm without the new-bike premium. You're not getting traction control, and you should price accordingly.

Buy the better-maintained bike, not the better model year.

How to check a used Yamaha MT15: 9 steps

Step 1: Match the paperwork to the bike

Open the RC and check the chassis and engine numbers against the ones stamped on the motorcycle. Not roughly. Exactly. Then check insurance validity, PUC, and whether the RC still shows a financier.

Step 2: Confirm the model year and variant

The RC gives you the registration year. That tells you which ABS, which display and which suspension you're looking at. Do this before you talk about the price, not after.

Step 3: Read the service history

A stamped book is worth real money. Verbal assurance that "it was serviced at a local mechanic" is worth nothing, because there's no record of what was done or when.

Step 4: Start the engine cold

Not after the seller has warmed it up for you. A cold 155cc single tells the truth: it should catch quickly and settle into a clean idle with no metallic ticking and no smoke that hangs around.

Step 5: Inspect for accident damage

Frame welds, fork alignment, mismatched panel gaps, a bent handlebar, scored footpegs, a dented exhaust. Sight down the bike from the front and from behind. A bike that's been down usually isn't symmetrical any more.

Step 6: Check tyres and brakes

Tread depth, and the date code on the sidewall. A 2021 tyre with plenty of tread is still an old tyre. Then brake pad thickness and disc wear on both the 282mm front and 220mm rear.

Step 7: Test the suspension

Ride over broken surfaces deliberately. Listen for knocking from the front, look for oil residue on the upside-down fork tubes. Fork seals on an inverted setup are not a cheap afterthought.

Step 8: Test every electrical function

Headlight on both beams, indicators, brake light, horn, and the full instrument cluster. On a 2025-onward bike, pair the TFT with the Y-Connect app and confirm it actually connects.

Step 9: Get it professionally inspected

This is the step people skip because the bike looked clean and the seller seemed decent. A worn clutch, a stretched chain set, a weeping fork seal and a tired battery are all invisible on a ten-minute test ride and all payable within a month.

Is the Yamaha MT15 good for daily use?

Yes, with one caveat.

The 155cc engine, 141 kg kerb weight and 1,325 mm wheelbase make it genuinely easy in traffic. The VVA keeps it from feeling strained at commuting revs. Slipper clutch, LED lighting, a full digital cluster — the everyday stuff is there.

The caveat is the seat height and the suspension. At 810 mm, shorter riders will be on tiptoes at lights. The setup is firm, which is exactly what makes it good on a smooth road and exactly what you'll feel on a broken one. And the pillion seat is a perch, not a sofa.

If your only priority is the lowest possible running cost on a 15 km commute, a plain commuter will do it for less money. If you want the commute to be interesting, the MT15 is the reason people spend the extra.

Why buy your Yamaha MT15 from Vutto?

The risk in a private used purchase isn't the model. It's everything about that specific bike you can't verify standing in someone's driveway.

Tampered odometers. Accident history nobody mentions. A single-channel bike sold on a dual-channel spec sheet. A repair bill that arrives three weeks after the motorcycle does.

  • 200-point inspection before listing
  • 6-month warranty on refurbished two-wheelers
  • Best Price Guarantee
  • Verified RC and ownership documentation
  • End-to-end RC transfer handling
  • Finance assistance on selected certified pre-owned bikes
  • Data-driven transparent pricing. The number you see is the number

Refurbished bikes go through a 200-point inspection and come with a 6-month warranty and a Best Price Guarantee, which means the condition question is answered before you ever see the bike.

[PLACEHOLDER — needs a named technician before publishing.] Insert one direct quote from a named Vutto inspection technician on what the 200-point inspection actually finds on MT15s — the recurring fault and the part cost. The data section above is real and can publish as it stands; this quote cannot be written without a person to attribute it to. — flagged for Varsha

Key takeaways

  • The current Yamaha MT15 runs ₹1.64–1.80 lakh ex-showroom, near ₹1.90 lakh on-road in Delhi.
  • ARAI certifies 56.87 kmpl. Owners report 40–45 kmpl. Both are true; only one is your commute.
  • Dual-channel ABS and traction control arrived in 2025. Anything older has single-channel and no TCS.
  • Upside-down forks and the aluminium swingarm came in with the Yamaha MT15 V2 in 2022.
  • Used MT15s on our own listings have run ₹91,000 to ₹1,68,000. Within model year 2024 alone the spread was ₹50,500, and it tracked the odometer.
  • On a used bike, model year tells you the features. Only an inspection tells you the condition.
  • Check the chain set, fork seals, tyre date codes and brake pads before you talk price. That's your leverage.

Frequently Asked Questions 

1: Why is the MT15 so expensive? 

A: Because it isn't a commuter with sporty bodywork. You're paying for a 155cc liquid-cooled engine with Variable Valve Actuation, a 6-speed gearbox, a Deltabox frame, upside-down forks, an aluminium swingarm and, on current bikes, dual-channel ABS with traction control. Compare it against a 150cc air-cooled commuter and it looks expensive. Compare it against what's actually on it and it doesn't.

2: What is the price of the MT15 in 2026?

A: Roughly ₹1.64 lakh to ₹1.80 lakh ex-showroom depending on variant, and close to ₹1.90 lakh on-road in Delhi. Road tax and registration vary by state, so check the on-road figure for your own city rather than the ex-showroom number you saw online.

3: What is the mileage of the Yamaha MT15? 

A: The ARAI-certified figure is 56.87 kmpl. Owner-reported real-world figures sit nearer 40–45 kmpl in city traffic. Traffic, riding style, tyre pressure and service condition decide where you land in that range.

4: Does the Yamaha MT15 have dual-channel ABS? 

A: The current model does. MT15s built before the 2025 update have single-channel ABS, which means no ABS on the rear wheel. If you're buying used, confirm the model year before you assume which system you're getting.

5: Does the MT15 have traction control? 

A: On the 2025 update onwards, yes. Earlier bikes, including the 2022–2024 Yamaha MT15 V2, do not have it.

6: What's the difference between the MT15 and the Yamaha MT15 V2? 

A: The V2 arrived in 2022 with upside-down front forks replacing the conventional telescopic units, a cast aluminium swingarm replacing the box-section steel one, and a Bluetooth-enabled display. Power went from 18.5 PS to 18.4 PS, torque from 13.9 Nm to 14.1 Nm, and kerb weight from 138 kg to 141 kg.

7: What is the price of a used Yamaha MT15? 

A: On Vutto's own Delhi NCR listings, inspected used MT15s have ranged from ₹91,000 for a 2022 bike with about 24,000 km to ₹1,68,000 for a 2024 bike with about 4,000 km. Within model year 2024 alone the spread was ₹50,500, almost all of it explained by the odometer. Judge the bike, not the year.

8: Is a used Yamaha MT15 worth buying? 

A: Yes, if that specific bike checks out. Verify the RC, the service history, the engine, the chassis, the brakes, the tyres, the suspension and the electricals, and get it professionally inspected. A well-kept 2022 bike is a better purchase than a neglected 2024 one, whatever the listing says.

9: Which colours is the Yamaha MT15 available in? 

Seven: Metallic Black, Metallic Silver Cyan, Metallic Black DLX, Ice Storm DLX, Vivid Violet Metallic DLX, Ice Fluo Vermillion DLX, and the Monster Energy Yamaha MotoGP Edition.

10: Is the Yamaha MT15 black harder to inspect when buying used? 

A: It shows more, which is useful to you. Swirl marks, respray texture and panel colour mismatch are all easier to spot on black in direct daylight. Look along the panels at an angle, not straight at them.

11: Is the MT15 good for tall or short riders? 

A: The seat height is 810 mm. Taller riders are comfortable; riders under about 5'5" will be reaching at traffic lights. Sit on one before you buy, and sit on it with both feet, not one.

12: What is the MT15's fuel tank capacity and range? 

A: 10 litres. At a realistic 40–45 kmpl that's roughly 400–450 km on a full tank, less if your commute is heavy stop-start traffic.

13: Can I get finance on a used MT15? 

A: Often, yes. Finance assistance is available on selected certified pre-owned bikes, subject to the vehicle, your location and lender eligibility.

14: What should I check first on a used MT15? 

A: The RC, and specifically that the chassis and engine numbers match the bike. Everything else is negotiable. That isn't.

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