Yamaha NMAX prices and generations
Compare current and previous Yamaha NMAX generations without mixing historical launch prices with the current model. Use this page to identify the exact generation first, then open that model for its price sources, specs, financing and ownership details.
Which NMAX are you looking for?
Open a generation below to see its price, current-market status and model-specific details.
Yamaha NMAX V3
₱155,900–₱175,900Price checked 2026-08-25
Yamaha NMAX V2
₱119,900Historical launch price contextWhat changes from one NMAX to another?
Use this compact view for the first pass. Open the generation card above before using any price as a purchase reference.
What actually changed between NMAX generations?
Once you know the exact generation, compare the differences that can change the buying decision: purchase price, dimensions, tires, condition and ownership stage.
Price and mechanical changes
MotoIndex records 2 NMAX generations NMAX V3 (V3) and NMAX V2 (2020–2021 generation). On observed prices the current NMAX V3 sits about ₱36,000 above the NMAX V2, which is the number most people are really weighing when they search.
The current bike moves to 155 cc and 15.1 hp (, -0.3 hp) against the NMAX V2. It is 2 kg heavier, the seat sits 5 mm higher, and both run the same 110/70-13 front and 130/70-13 rear, so tires and fitment carry across.
New or used?
The current NMAX V3 starts around ₱155,900 on the sources MotoIndex checks. A three-year-old example in good condition models out near ₱109,700 on the same basis, so the first years carry most of the depreciation — which is the argument for buying the outgoing generation used rather than new. Against that, the older bike is closer to its service milestones and may need consumables sooner, so the saving is smaller than the sticker gap implies.
Running cost barely separates them. At 900 km a month and ₱65 a litre, the current NMAX V3 burns roughly ₱1,463 of fuel a month. A generation gap of this size does not change that materially, so choose on condition, paperwork and price rather than on expected fuel savings.
Spot the difference quickly
- Check the OR/CR for the model year, not the seller's description
- Seat height differs by 5 mm — worth sitting on both
- Frame and engine numbers should match the papers exactly
- Ask which generation a quoted price refers to
Historical launch prices are not current new-bike prices.
An older generation can still be common on the used market, but its launch SRP should not be presented as today's dealer price. Generation pages stay separate so each price remains tied to the correct motorcycle and market context.
Yamaha NMAX price questions
How much is the Yamaha NMAX in the Philippines?
The current Yamaha NMAX V3 is priced at ₱155,900–₱175,900 in the Philippines. Open the current-generation page for variant prices and the latest source date.
Which NMAX generation is current?
Yamaha NMAX V3 is the current generation. Older generations are kept separate so historical launch prices are not confused with current new-bike prices.
Are older and current NMAX prices directly comparable?
Not as current new-bike quotes. A previous generation may now trade mainly on the used market, while the current generation uses current SRP or market observations. Compare the generation context and source dates before using the numbers.