GENERAL MOTORS ACCEPTANCE CORP
424B3, 1994-04-18
PERSONAL CREDIT INSTITUTIONS
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Pricing Supplement Dated April 14, 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:                    Merrill Lynch & Co.
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:               4/20/94
Maturity Date:            4/22/96
_____________________________________________________________________________ 

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 22, April 22, July 22, October 22,
                          however, the first interest reset in April 1994 will
                          be April 20, 1994.  The final reset date will be
                          January 22, 1996
Interest Payment Dates:   Each January 22, April 22, July 22, October 22
                          commencing July 22, 1994 and ending April 22, 1996    
Index Maturity:           3 Months
Spread (+/-):       +.25%

Day Count Convention:
  /X/ Actual/360 for the period from 4/20/94 to 4/22/96
  / / 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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