GENERAL MOTORS ACCEPTANCE CORP
424B3, 1994-03-22
PERSONAL CREDIT INSTITUTIONS
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Pricing Supplement Dated March 18, 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:                    J.P. Morgan Securities Inc.
Principal Amount:             $7,500,000
Agent's Discount
  or Commission:              $26,250
Net Proceeds to Company:  $7,473,750 
Initial Interest Rate:        Determined as if Issue Date were an Interest
                          Reset Date.
Issue Date:                   3/25/94
Maturity Date:                3/25/99
____________________________________________________________________________

Calculation Agent:  GMAC

Interest Calculation:
  /X/  Regular Floating Rate Note
  

  Interest Rate Basis:    / / CD Rate        / / Commercial Paper Rate
                          / / Prime Rate            / / Federal Funds Rate
                          / / LIBOR (see below)     /X/ Constant Maturity 
                          / / Other                   Treasury-Telerate
                                (see attached)             Page 7051 Set 2
                                                      Business Days
                                                      Prior to Interest
                                                      Reset Date

  If LIBOR, Designated LIBOR Page / / Reuters Page: / / or 
     / / Telerate Page: 3750
              

Interest Reset Dates:     Each March 25, June 25, September 25, December 25
                          commencing March 25, 1994 and ending
                    December 25, 1998
Interest Payment Dates:   Each March 25, June 25, September 25, December 25
                          commencing June 25, 1994 and ending March 25, 1999    
                                
Index Maturity:           2 Years
Spread (+/-):       -.10%

Day Count Convention:
  / / Actual/360 for the period from  / /  to  / /   
  /X/ Actual/Actual for the period from 3/25/94 to 3/25/99
  / / 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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