Featuring a very young Ryan Phillipe in the guest role, "Gift of the Wheelman" also saw the introduction of Fraser Sr.'s ghost.
Ray and Fraser arrive too late to stop a bank robbery in process, but they do apprehend a young man, Del, the only person to get a clear look at one of the robbers.
- Ambiguous Situation: Is Benton Fraser being followed around by his father's ghost? Is it a figment of Benton's imagination? Is it a figment of Bob's imagination? Even Bob Fraser admits to being entirely clueless about the situation.
- Bad Santa: Bank robbers disguised as Santa Claus.
- Batman Gambit: Will Porter waits until the bagman will be behind the counter, then pulls the fire alarm to spook the others into making their getaway. In the ensuing confusion, he shouts at the bagman to toss him the money, and throws him an empty shotgun in exchange.
- Christmas Episode
- Dead Man Writing: Bob Fraser's journals once again. With the added twist of Bob leaning over Benton's shoulder to give commentary on his own writings.
- Elvish Presley: A bunch of Elvis impersonators get arrested. "I said Elves, you morons!"
- Faux Affably Evil: the Donnelly Brothers
- It Works Better with Bullets: Ray is saved because Will gave the bagman an empty gun.
- Kill It with Fire: Will's plan is to lure the Donnellys into a trap, then kill everyone involved via a flaming rag and a bunch of flammable liquids.
- Oh, Crap!: Ray's face when the bagman pulls a shotgun on him.
- The Scrooge: Ray, rather than actually shop for gifts, opens checking accounts at various banks in return for the complimentary gifts (toasters, etc.) that they offer as incentives.
- Spirit Advisor: Bob Fraser makes his first post-mortem appearance in this episode. Feeling that he was a failure as a father, he intends to spend his afterlife following his son around and offering him support and advice. Whether Fraser wants it or not. Nobody except Fraser can see him, and he quickly decides to explain the situation to Ray, who takes it in stride. Probably because Ray's dad is doing the same thing.
- Taking You with Me: Will Porter intends to kill the Donnelly Brothers via a massive firebomb using himself as the bait for the trap. He has no grudge against the cops, and offers to let Fraser and Ray walk off unharmed if they don't interfere.
- Window Love: Del and Will at the very end of the episode.
- You Have Failed Me: The bagman is killed for tossing the money to Will.