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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 AnbExbCuCVMiBHSKTePQ9fkhtmD/3WH44hOjLycDCMqgkLfcKA8mcA7QNyqCsGkv
 6x3nmm/j2nFStrv/t6eQnQ==

<SEC-DOCUMENT>0000040729-98-000219.txt : 19981120
<SEC-HEADER>0000040729-98-000219.hdr.sgml : 19981120
ACCESSION NUMBER:		0000040729-98-000219
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19981119

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GENERAL MOTORS ACCEPTANCE CORP
		CENTRAL INDEX KEY:			0000040729
		STANDARD INDUSTRIAL CLASSIFICATION:	PERSONAL CREDIT INSTITUTIONS [6141]
		IRS NUMBER:				380572512
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B3
		SEC ACT:		
		SEC FILE NUMBER:	333-59551
		FILM NUMBER:		98755060

	BUSINESS ADDRESS:	
		STREET 1:		3044 W GRAND BLVD
		CITY:			DETROIT
		STATE:			MI
		ZIP:			48202
		BUSINESS PHONE:		3135561508
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B3
<SEQUENCE>1
<DESCRIPTION>PRICING SUPP LB111698
<TEXT>

Pricing Supplement Dated November 16,1998                       Rule 424(b)(3)
(To Prospectus Dated July 29, 1998)                         File No. 333-59551

                     GENERAL MOTORS ACCEPTANCE CORPORATION
                       Medium-Term Notes - Floating Rate
____________________________________________________________________________
Agent:                       Lehman Brothers
Principal Amount:            $120,000,000
Agent's Discount
  or Commission:             $210,000
Net Proceeds to Company:     $119,790,000
Initial Interest Rate:       Reset on the Issue Date (also an Interest
                             Reset Date).
Issue Date:                  11/19/98
Maturity Date:               11/20/00
____________________________________________________________________________
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 February 20, May 20, August 20, and November 20. 
                        The first interest reset date will be 
                        November 19, 1998.  The final reset date will be 
                        August 20, 2000.
Interest Payment Dates: Each February 20, May 20, August 20, and November 20,
                        commencing February 20, 1999 and ending 
                        November 20, 2000.
Index Maturity:         3 Months
Spread (+/-):           +.30%

Day Count Convention:
      /X/ Actual/360 for the period from  11/19/98 to 11/20/00   
      / / 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: / /  Principal               /X/  Agent

 



 

 



</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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