<ARTICLE> 5 <LEGEND> This Schedule contains summary financial information extracted from the General Motors Acceptance Corporation Form 10-Q for the period ending September 30, 1998 and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000040729 <NAME> GMAC <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 614 <SECURITIES> 8135 <RECEIVABLES> 68554 <ALLOWANCES> 983 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 28400 <DEPRECIATION> 0 <TOTAL-ASSETS> 118623 <CURRENT-LIABILITIES> 58438 <BONDS> 40938 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2200 <OTHER-SE> 7299 <TOTAL-LIABILITY-AND-EQUITY> 118623 <SALES> 0 <TOTAL-REVENUES> 13294 <CGS> 0 <TOTAL-COSTS> 4604 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 323 <INTEREST-EXPENSE> 4317 <INCOME-PRETAX> 1486 <INCOME-TAX> 459 <INCOME-CONTINUING> 1027 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1027 <EPS-PRIMARY> 0 <EPS-DILUTED> 0