Pricing Supplement Dated January 7, 1993 Rule 424(b)(3)
(To Prospectus Dated December 15, 1993) File No. 33-51381
GENERAL MOTORS ACCEPTANCE CORPORATION
Medium-Term Notes - Floating Rate
____________________________________________________________________
Agent: Merrill Lynch & Co.
Principal Amount: $100,000,000
Agent's Discount
or Commission: $175,000
Net Proceeds to Company: $99,825,000
Initial Interest Rate: Determined as if Issue Date were an Interest
Reset Date.
Issue Date: 1/14/94
Maturity Date: 1/16/96
_____________________________________________________________________________
Calculation Agent: GMAC
Interest Calculation:
/X/ Regular Floating Rate Note
Interest Rate Basis: / / CD Rate / / Commercial Paper Rate
/ / Prime Rate / / Federal Funds Rate
/X/ LIBOR (see below) / / Treasury Rate
/ / Other (see attached)
If LIBOR, Designated LIBOR Page / / Reuters Page: / / or
/X/ Telerate Page: 3750
Interest Reset Dates: Each January 16, April 16, July 16, October 16,
however, the first interest reset in January 1994
will be January 14, 1994. The final reset date will
be October 16, 1995
Interest Payment Dates: Each January 16, April 16, July 16, October 16
commencing April 16, 1994 and ending January 16, 1996
Index Maturity: 3 Months
Spread (+/-): +.20%
Day Count Convention:
/X/ Actual/360 for the period from 1/14/94 to 1/16/96
/ / Actual/Actual for the period from to
/ / 30/360 for the period from to
Redemption:
/X/ The Notes cannot be redeemed prior to the Stated Maturity Date.
/ / The Notes may be redeemed prior to Stated Maturity Date.
/ / Initial Redemption Date:
Initial Redemption Percentage: ___%
Annual Redemption Percentage Reduction: ___% until Redemption
Percentage is 100% of the Principal Amount.
Repayment:
/X/ The Notes cannot be repaid prior to the Maturity Date.
/ / The Notes can be repaid prior to the Maturity Date at the option of
the holder of the Notes.
/ / Optional Repayment Date(s):
Repayment Price: %
Currency:
Specified Currency: U.S. (If other than U.S. dollars, see attached)
Minimum Denominations: ___________ (Applicable only if Specified
Currency is other than U.S. dollars)
Original Issue Discount: / / Yes /X/ No
Total Amount of OID: Yield to Maturity:
Initial Accrual Period:
Form: /X/ Book-Entry / / Certificated
