GENERAL MOTORS ACCEPTANCE CORP
424B3, 1997-11-12
PERSONAL CREDIT INSTITUTIONS
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Pricing Supplement Dated November 6, 1997                       Rule 424(b)(3)
(To Prospectus Dated December 19, 1996)                     File No. 333-17943

                     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:       Reset on the Issue Date (also an Interest
                             Reset Date).
Issue Date:                  11/10/97
Maturity Date:               11/10/99
____________________________________________________________________________

Calculation Agent:  GMAC

Interest Calculation:
	/X/  Regular Floating Rate Note
	
      Interest Rate Basis: / / CD Rate             / / Commercial Paper Rate
                           / / Prime Rate          /X/ Federal Funds Rate
                           / / LIBOR               / / Treasury Rate
                           / / Other
                           (see attached)

      / / Reuters Page: / / or / / Telerate Page:    


Interest Reset Dates:   Each Business Day commencing November 10, 1997
                        to but excluding the Maturity Date.
Interest Payment Dates: Each February 10, May 10, August 10, November 10, 
                        commencing February 10, 1998 and ending 
                        November 10, 1999.
Index Maturity:         1 Day
Spread (+/-):           +.16%

Day Count Convention:
      /X/ Actual/360 for the period from  11/10/97 to 11/10/99   
      / / 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

                               OTHER TERMS



      The Interest Determination Date with respect to each Interest Reset Date 
will be the Business Day immediately preceding such Interest Reset Date.  The 
Federal Funds Rate for each Interest Period will be determined by the 
Calculation Agent (as defined below) in accordance with the following 
provisions.

      Interest payable on the Notes will include interest accrued from and 
including the Issue Date or from and including the last Interest Payment Date 
to which interest has been paid to, but excluding, the next succeeding 
Interest Payment Date, or Maturity Date, as the case may be.

      All calculations made by the Calculation Agent in the absence of 
manifest error shall be conclusive for all purposes and binding on the Company 
and the holders of the Notes.

 



 

 





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