College student Jake Wilkinson attends tertiary studies in a prestigious California college but has not been home to Larchmont, New York for any holidays following his biological mother's death and his father's remarriage 10 months later. A few days before Christmas Eve, his father, learning that Jake has traded in his airline ticket to New York for two tickets to Cabo San Lucas, offers to give him his vintage 1957 Porsche 356 if he arrives to their home by 6:00 PM on Christmas Eve for Christmas dinner. Jake's girlfriend Allie, who was against the trip to Cabo, agrees to ride with him to Larchmont, where her own family also lives.