FORD MOTOR CREDIT CO
424B3, 2000-07-13
PERSONAL CREDIT INSTITUTIONS
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Pricing Supplement No. 17 Dated July 12, 2000
(To Prospectus Dated January 6, 2000
  and Prospectus Supplement Dated January 31, 2000)
                                                                  Rule 424(b)(3)
                                                               Registration Stmt
                                                                   No. 333-91953
                               U.S.$12,000,000,000
                            Ford Motor Credit Company
                         Medium-Term Notes Due More Than
                           9 Months From Date of Issue

      Ford  Credit has  designated  $650,000,000  aggregate  principal  amount
of its Medium-Term  Notes Due More Than 9 Months From Date of Issue having the
specific  terms set forth below.  J. P. Morgan  Securities  Inc. has agreed to
purchase  $650,000,000  aggregate  principal amount of the Notes at a price of
99.935042% of their principal amount for resale at varying  prices related to
prevailing  market prices  determined by J. P. Morgan  Securities  Inc. at
the time of resale.  Ford Credit may,  without the  consent of the  holders of
the Notes,  issue  additional  notes with the same ranking and the same interest
rate,  maturity and other terms as the Notes.  Any  additional  notes will,
together  with the Notes,  be a single  class of the series of  Medium-Term
Notes under the  Indenture.  No additional notes may be issued if an Event of
Default has occurred with respect to the Notes.

         Issue Date:                        July 17, 2000

         Maturity Date:                     July 18, 2005

         Initial Principal Amount:          $650,000,000

         Interest Rate Basis:               LIBOR Telerate having an Index
                                            Maturity of three months plus
                                            44 basis points (0.44%)

         Interest Reset Dates:              On the Issue Date and thereafter
                                            quarterly on the 18th day of each
                                            January, April, July and October,
                                            until the Notes are paid in full

         Interest Payment Dates:            Quarterly on the 18th day of each
                                            January, April, July and October,
                                            beginning October 18, 2000,
                                            and at Maturity

         CUSIP No.:                         345402 5H 0

         Interest Determination Date:       Two London banking days prior to
                                            each Interest Reset Date

         Reference Agent:                   The Chase Manhattan Bank

                               J.P. MORGAN & CO.


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