The drivers try to make a cabbie out of a refugee from the '60s who hasn't quite put his life together.

After John smashes up Cab 804, the cabbies reminisce about their experiences in the car.

Alex and Louie compete to see who can haul in the most money during an eight-hour tour on the streets.

Tony's sister, Monica, has returned to New York after her divorce, and Tony has set her up on a date with Alex, with hopes that they will fall in love. However, while Monica waits for Alex in the garage, she gets to talking to Jim and they hit it off famously. They begin dating, but Tony is not supportive of the relationship and asks Jim not to see her anymore. However, Tony catches Jim at Monica's apartment when he stops by for a visit. Tony is angered that they are seeing each other despite his objections and is ready to toss Jim out (literally), when Monica tells him off about his immaturity and trying to control her life. Tony then sees the light, apologizes, and seems resigned to the new relationship.

Jim picks up two men in his cab and overhear them talking about the secret to success: dynamic perfectionism. Jim takes it to heart and decides to use the technique to reach his goal, which he won't reveal to the cabbies. Soon, Jim becomes the perfect cab driver, setting company records on every shift. After a few weeks, Jim gives up, announcing that he's reached his goal and can no longer stand to work so hard. He invites the gang over to his apartment to reveal what he's been working so hard for. Upon arrival, they see that his goal was a room full of televisions, with satellites, cable, VCRs, and video games—his ticket to the global village. The gang is unimpressed at first, until each of them gets sucked into watching exciting things on the various televisions.

Latka begins exhibiting multiple personalities again: not only Vic Ferrari, but also a cowboy, and best of all, he becomes Alex! Elaine refers Latka to her psychiatrist, but meanwhile Latka is becoming even more ""Alex""-like than Alex himself: he is a better cab driver and gives better advice to the gang. Alex decides he'd better sit in on a psychiatric session with Latka and Latka/Alex is about to reveal the answer to all of Alex's problems (somehow he has figured out the secret to Alex in the midst of subconsciously becoming him), when he becomes Latka again. This leaves Alex extremely frustrated and after Latka leaves, Alex sticks around to talk to the psychiatrist further.

When Jim's father passes away and leaves him a substantial inheritance, Jim's siblings sue to have Jim declared incompetent and his inheritance placed in an account that the brother will have control of. In court, Louie and Alex speak in Jim's behalf, but to no avail. Jim later feels better when he plays a tape of ""You Are the Sunshine of My Life"" that his father left for him.

Alex, who loves the theater, takes a part time job as a gofer for a young producer and director, but soon feels mistreated by his younger bosses. Louie, spying on Alex at his new job, spots Alex being humiliated and uncharacteristically does not make fun of him; rather, he tries to convince Alex to stand up for himself and tell the director off. Alex is considering this when the director suddenly has a change of heart and apologizes for mistreating Alex and ignoring one of his earlier suggestions. As a result, Alex regains his dignity.

Simka faces deportation if she puts off another immigration interview because of her monthly "crimpka poosh."

When Louie hesitates to attend his high-school reunion, Bobby offers to take his place.

Elaine is curious about a secret admirer who sends her love poems.

Nervous about meeting his girlfriend's parents, Louie hires Alex for moral support.

Latka must marry an American to avoid deportation.

As Latka repairs Cab 804, the cabbies reminisce about the odd passengers it carried.

After a ride in Alex's cab, a widow decides to rent him out as her chauffeur.

Louie takes out a female vending-machine mechanic--and then brags about their sexual adventures.

Latka finds a penthouse renting for $3000 a month (maid included).

Jim invests his race-track winnings in a lame horse that he wants to set free--in New York City.

Elaine endures a date with Louie to end the cabbies' strike.

Alex finds himself inexplicably attracted to an overweight and abrasive blind date.

Louie vows to change his ways if the Lord sees him through an operation.

Bobby leaves the cab company after landing a role in a soap opera.

Latka falls in love with a woman from his homeland.

The cabbies volunteer to drive Alex to Miami to meet the daughter he hasn't seen in 15 years.

On Elaine's advice, the cabbies pool their money to buy a painting.