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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001456907-09-000051.txt : 20090403
<SEC-HEADER>0001456907-09-000051.hdr.sgml : 20090403
<ACCEPTANCE-DATETIME>20090403143554
ACCESSION NUMBER:		0001456907-09-000051
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20090309
FILED AS OF DATE:		20090403
DATE AS OF CHANGE:		20090403

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			James JayCee
		CENTRAL INDEX KEY:			0001456907

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	033-89520
		FILM NUMBER:		09731561

	MAIL ADDRESS:	
		STREET 1:		9298 SVL BOX
		CITY:			VICTORVILLE
		STATE:			CA
		ZIP:			92395

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GENERAL ACCEPTANCE CORP /IN/
		CENTRAL INDEX KEY:			0000937965
		STANDARD INDUSTRIAL CLASSIFICATION:	PERSONAL CREDIT INSTITUTIONS [6141]
		IRS NUMBER:				351739977
		STATE OF INCORPORATION:			IN
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1025 ACUFF ROAD
		CITY:			BLOOMINGTON
		STATE:			IN
		ZIP:			47404
		BUSINESS PHONE:		8128763555

	MAIL ADDRESS:	
		STREET 1:		1025 ACUFF ROAD
		STREET 2:		SUITE N
		CITY:			BLOOMINGTON
		STATE:			IN
		ZIP:			47404
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2009-03-09</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000937965</issuerCik>
        <issuerName>GENERAL ACCEPTANCE CORP /IN/</issuerName>
        <issuerTradingSymbol>GACC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001456907</rptOwnerCik>
            <rptOwnerName>James JayCee</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>9298 SVL BOX</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>VICTORVILLE</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>92395</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>Majority Holder</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Preferred</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <transactionDate>
                <value>2009-04-03</value>
            </transactionDate>
            <deemedExecutionDate>
                <value>2009-04-03</value>
            </deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>1000000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1000000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common</value>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
            </securityTitle>
            <transactionDate>
                <value>2009-04-03</value>
            </transactionDate>
            <deemedExecutionDate>
                <value>2009-04-03</value>
            </deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>5000000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>5000000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Establishment of the General Aceptance Corporation discriminatory share price, the reporting owner has determined to issue as previously filed in the SEC Form 3, and subsequently Form 3/A 1,000,000 shares preferred stock upon the completion of General Aceptance Corporation (GACC) corporate restructuring notwithstanding all like industry comparable share structures and share prices.</footnote>
        <footnote id="F2">Establishment of the General Aceptance Corporation discriminatory share price, the reporting owner has determined to issue as previously filed in the SEC Form 3, and subsequently Form 3/A 5,000,000 shares common stock upon the completion of General Aceptance Corporation (GACC) corporate restructuring notwithstanding all like industry comparable share structures and share prices.</footnote>
    </footnotes>

    <remarks>Establishment of the General Acceptance Corporation discriminatory share price, the reporting owner has determined to issue as previously filed in the SEC Form 3, and Form 3/A 5,000,000 common stock upon the completion of General Acceptance Corporation (GACC) corporate restructuring notwithstanding all like industry comparable share structures and share prices.</remarks>

    <ownerSignature>
        <signatureName>JayCee James</signatureName>
        <signatureDate>2009-04-03</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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