Pricing Supplement Dated April 24, 1996 Rule 424(b)(3)
(To Prospectus Dated October 20, 1995) File No. 33-63463
GENERAL MOTORS ACCEPTANCE CORPORATION
Medium-Term Notes - Fixed Rate
____________________________________________________________________________
Agent: Morgan Stanley
Principal Amount: $25,000,000
Agent's Discount
or Commission: $87,500
Net Proceeds to Company: $24,912,500
Interest Rate: 6.48% semi-annual
Issue Date: 5/1/96
Maturity Date: 5/1/06
Interest Payment Dates: Each April 1, and October 1
commencing October 1, 1996 and ending on the
maturity date.
____________________________________________________________________________
Calculation Agent: GMAC
Interest Calculation:
/X/ Regular Fixed Rate Note
Day Count Convention:
/ / Actual/360 for the period from / / to / /
/ / Actual/Actual for the period from / / to / /
/X/ 30/360 for the period from 5/1/96 to 5/1/06
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:
/ / The Notes cannot be repaid prior to the Maturity Date.
/X/ 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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REPAYMENT AT OPTION OF HOLDER
Each Note will be repayable in whole or in part on May 1, 2001 (the
"Election Date") at the option of the holder of such Note, at 100% of its
principal amount plus accrued interest to the date of repayment. For any
Note to be repaid, such Note must be received, together with the form
thereon entitled "Option to Elect Repayment" duly completed, by the Trustee
at its Corporate Trust Office (or such other address of which the Company
shall from time to time notify the holders) 30 calendar days prior to the
date of repayment.
While the Book-Entry Notes are represented by the Global Note or Notes
held by or on behalf of the Depositary, and registered in the name of the
Depositary or the Depositary's nominee, the option for repayment may be
exercised by the applicable participant that has an account with the
Depositary, on behalf of the beneficial owners of the Global Note or Notes
representing such Book-Entry Notes, by delivering a written notice
substantially similar to the above mentioned form to the Trustee at its
Corporate Trust Office (or such other address of which the Company shall
from time to time notify the holders), 30 calendar days prior to the date of
repayment. Notices of elections from participants on behalf of beneficial
owners of the Global Note or Notes representing such Book-Entry Notes to
exercise their option to have such Book-Entry Notes repaid must be received
by the Trustee by 5:00 P.M., New York City time, on the last day for giving
such notice. In order to ensure that a notice is received by the Trustee
on a particular day, the beneficial owner of the Global Note or Notes
representing such Book-Entry Notes must so direct the applicable participant
before such participant's deadline for accepting instructions for that day.
Different firms may have different deadlines for accepting instructions from
their customers. Accordingly, beneficial owners of the Global Note or Notes
representing Book-Entry Notes should consult the participants through which
they own their interest therein for the respective deadlines for such
participants. All notices shall be executed by a duly authorized officer of
such participant (with signature guaranteed) and shall be irrevocable. In
addition, beneficial owners of the Global Note or Notes representing Book-
Entry Notes shall effect delivery at the time such notices of election are
given to the Depositary by causing the applicable participant to transfer
such beneficial owner's interest in the Global Note or Notes representing
such Book-Entry Notes, on the Depositary's records, to the Trustee.
The Company does not intend to establish a sinking fund or otherwise
set aside any amounts for the repayment of the Notes.
All capitalized terms used above but not defined herein shall have the
meanings given to the them in the accompanying Prospectus.
