A taxi driver meets Santa Claus, who is on the verge of retirement and needs help appointing his successor before Christmas. However, the transition is threatened when the jolly old man ends up in jail on Christmas Eve, leaving his bumbling new friend to make sure the festive season goes off without a hitch. Comedy, with Jim Varney and Douglas Seale.

When Santa Claus decides to retire and pass on his magic bag of Christmas surprises to a new Saint Nick, he enlists the aid of a hilarious assortment of characters. A perky teen runaway and hapless taxi driver Ernest P. Worrell must convince a skeptical kiddie-show host to take over the post of Father Christmas.