GENERAL MOTORS ACCEPTANCE CORP
424B3, 1994-09-16
PERSONAL CREDIT INSTITUTIONS
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Pricing Supplement Dated September 15, 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:         $25,000,000
Agent's Discount
  or Commission:          $43,750
Net Proceeds to Company:  $24,956,250 
Initial Interest Rate:    Determined as if Issue Date were an Interest Reset
                          Date          
Issue Date:               9/23/94
Maturity Date:            9/23/96
_____________________________________________________________________________
_  
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 March 23, June 23, September 23, December 23
                         commencing September 23, 1994 and ending June 23,
                         1996
Interest Payment Dates:  Each March 23, June 23, September 23, December 23
                         commencing December 23, 1994 and ending      
                         September 23, 1996  
Index Maturity:          3 Months
Spread (+/-):       +.15%

Day Count Convention:
     /X/ Actual/360 for the period from 9/23/94 to 9/23/96
     / / 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


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