Maruti has discontinued the production of Baleno not because the model had any problem, but because its popularity was going down. Maruti came up with some new and advance models that people started showing interest in the new ones. However, if you are planning to purchase Baleno used car then make sure that you purchase the same form reliable and trustworthy dealers. In fact, last year one of my friend purchased Baleno from http://www.automotix.net/carshotline.html and until now he did not faced any problem with the vehicle

Yes if u r getting it at around 2.5 lakhs....its a superb car......no comparison.......only prob can b the availability of spare parts........but with maruti i dont think that would b a problem.......plz check out the reviews of the car at mouthshut.com.....u will love it.....
2004- 1.9lakhs....
2005- 2.2 lakhs
2006- 2.5 lakhs.
2007- 2.75 lakhs
the BSII version will give u a mileage of 10-11 in city and 15-16 on the highway....
and the BSIII will give 12-13 in city and 18 on highway.........i myself am looking 4 a good 2nd hand baleno.....thanks.....

Baleno is expensive as a used car because of its expensive spares.