Fred wants a new color television set and Lamont wants a new car. The problem is that they cannot afford both of them, so Lamont buys the car. However, after Fred discovers Lamont's purchase, he comes up with a scheme that involves him pretending to have amnesia until Lamont will buy him a color television.

Fred and Donna reconcile their differences and get back together with marriage being on both of their minds. Fred breaks the news to Lamont, who once again is dead set against the whole idea and decides that two can play that game and cooks up a scheme to stop Fred and Donna's impending nuptials.