GENERAL MOTORS ACCEPTANCE CORP
424B3, 1996-09-19
PERSONAL CREDIT INSTITUTIONS
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Pricing Supplement Dated September 13, 1996                    Rule 424(b)(3)
(To Prospectus Dated October 20, 1995)                      File No. 33-63463

                     GENERAL MOTORS ACCEPTANCE CORPORATION
                       Medium-Term Notes - Floating Rate
____________________________________________________________________________
Agent:                       J. P. Morgan
Principal Amount:            $50,000,000
Agent's Discount
  or Commission:             $125,000
Net Proceeds to Company:     $49,875,000
Initial Interest Rate:       5.5725%
Issue Date:                  9/18/96
Maturity Date:               9/20/99
____________________________________________________________________________

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 20, June 20, September 20, and December 20,
                        beginning December 20, 1996.  The final reset date 
                        will be June 20, 1999.
Interest Payment Dates: Each March 20, June 20, September 20, and December 20,
                        commencing December 20, 1996 and ending September 20, 
                        1999.
Index Maturity:         3 Months
Spread (+/-):           +.01%

Day Count Convention:
      /X/ Actual/360 for the period from  9/18/96 to 9/20/99   
      / / 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. (See Below)
      / / 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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