GENERAL MOTORS ACCEPTANCE CORP
424B3, 1994-05-09
PERSONAL CREDIT INSTITUTIONS
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Pricing Supplement Dated May 5, 1994                   Rule 424(b)(3)
(To Prospectus Dated December 15, 1993)                File No. 33-51381 
                   GENERAL MOTORS ACCEPTANCE CORPORATION
                     Medium-Term Notes - Floating Rate
____________________________________________________________________________
Agent:                 Lehman Brothers
Principal Amount:                  $50,000,000
Agent's Discount
  or Commission:                   $87,500
Net Proceeds to Company:           $49,912,500 
Initial Interest Rate:             Determined as if Issue Date were an Interest
                                   Reset Date.
Issue Date:            5/13/94
Maturity Date:         5/13/96
____________________________________________________________________________

Calculation Agent:  GMAC

Interest Calculation:
     /X/  Regular Floating Rate Note
     

     Interest Rate Basis:     / / CD Rate          / / Commercial Paper Rate
                      / / Prime Rate          / / Federal Funds Rate
                      / / LIBOR           /X/ Treasury Rate-The Bond 
                      / / Other               equivalent yield of 
                                                  the
                          (See attached)      rate for the most
                                              recent auction of US
                                              T-BILLS having a
                                              maturity of 3 months 
                                             as
                                              displayed on Telerate
                                              Page 56

     If TREASURY BILL, Designated TREASURY BILL Page /X/ Telerate Page: 56

Interest Reset Dates: Tuesday of each week, however, the first interest
                      Reset in May 1994 will be Friday May 13.  The final
                      Interest Reset Date will be Tuesday May 7, 1996.
Interest Payment Dates:       Each February 13, May 13, August 13, November 13,
                            commencing August 13, 1994 and ending May 13, 1996.
Index Maturity:       3 Months
Spread (+/-):       +.45%

Day Count Convention:
     / / Actual/360 for the period from / /  to  / /   
     /X/ Actual/Actual for the period from 5/13/94  to 5/13/96  
     / / 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


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