It is confirmed that Corolla 1.6 GLI is better than Baleno GTI, both have 1600 cc Engines,
Speed matters when there is a Comparison of Horse Power,
In My Knowledge Toyota Corolla 1.6 GLI produces 120 BHP, on the other hand Baleno GT1 Produces around 100 BHP.
Since Baleno is light weight, it can give Tough time to Corolla, It also depends upon the Driver's Expertise.
0 to 100 KPH, Corolla 1.6 GLI takes 10.5 Seconds, and Toyota Corolla XE/GL takes 11.5 Seconds.
Civic VTI (1600 cc) takes 8.9 Seconds to reach 100 Kph.
These are figures which are taken from the Comparison Test, Car and Driver Magazine in 1998, this Comparison Test was held in Singapore.
For resale value, Engine Performance, Handiling and Parts, Toyota cannot be beaten in this category...
I hope you understand...
Go for Toyota if the car is in good condition....