GENERAL MOTORS ACCEPTANCE CORP
424B3, 1994-03-31
PERSONAL CREDIT INSTITUTIONS
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Pricing Supplement Dated March 31, 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:        4.1375%
Issue Date:                   4/4/94
Maturity Date:                4/4/96
____________________________________________________________________________

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 4, April 4, July 4, October 4, commencing
                          July 4, 1994 and ending January 4, 1996
Interest Payment Dates:   Each January 4, April 4, July 4, October 4, commencing
                          July 4, 1994 and ending April 4, 1996
Index Maturity:           3 Months
Spread (+/-):       +.20%

Day Count Convention:
  /X/ Actual/360 for the period from 4/4/94  to 4/4/96   
  / / 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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