File No. 333-70661
U.S.$1,500,000,000
GENERAL MOTORS ACCEPTANCE CORPORATION
SMARTNOTES(SM)
DUE FROM NINE MONTHS TO THIRTY YEARS FROM DATE OF ISSUE
Unless otherwise specified in an applicable pricing supplement, the
SmartNotes will not be listed on any securities exchange, and there can be no
assurance that the SmartNotes offered will be sold or that there will be a
secondary market for the notes.
The Agents have advised GMAC that they may from time to time purchase and
sell notes in the secondary market, but the Agents are not obligated to do so.
No termination date for the offering of the notes has been established.
Pricing Supplement No. 7 Trade Date: 3/18/99
(To Prospectus dated January 28, 1999 Issue Date: 3/23/99
The date of this Pricing Supplement is March 18, 1999
CUSIP Stated
or Interest Price to
Common Code Rate Maturity Public 1 Reallowance
- ----------- -------- -------- -------- -----------
37042 FYZ5 5.400% 3/15/01 100% .0300%
37042 FZA9 5.600% 3/15/02 100% .0450%
37042 FZB7 5.750% 3/15/04 100% .0750%
37042 FZC5 6.050% 3/15/09 100% .1100%
37042 F4N5 6.450% 3/15/11 100% .1400%
37042 F4P0 6.650% 3/15/14 100% .1600%
Payment Survivor's Subject to Redemption
Frequency Option Yes/No Date and terms of redemption
- --------- ---------- -----------------------------------------
Semi-Annual Yes No
Quarterly Yes No
Quarterly Yes No
Semi-Annual Yes No
Monthly Yes Yes Callable at 100% on 3/15/01 and
every coupon date thereafter
Semi-Annual Yes Yes Callable at 100% on 3/15/02 and
every coupon date thereafter
1 Actual Price to Public may be less, and will be determined by prevailing
market prices at the time of purchase as set forth in the confirmation
statement.
<PAGE>
Per Note Total
-------- -----
Public Offering Price ..... 100.00% $1,500,000,000
Agents' Discounts
and Concessions ......... .20%-2.50% $3,000,000-$37,500,000
Proceeds, before
expenses, to General
Motors Acceptance
Corporation ............... 97.50%-99.80% $1,462,500,000-$1,497,000,000
(SM) Service Mark of General Motors Acceptance Corporation
NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES
COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR DETERMINED IF
THIS PROSPECTUS IS TRUTHFUL OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS
A CRIMINAL OFFENSE.
__________________
ABN AMRO INCORPORATED
A.G. EDWARDS & SONS, INC.
EDWARD JONES & CO., L.P.
FIDELITY CAPITAL MARKETS
a division of National Financial
Services Corporation
PRUDENTIAL SECURITIES INCORPORATED
SALOMON SMITH BARNEY
January 28, 1999
