Elf/YMMV
- Non Sequitur Scene: Break-dancing in the mailroom.
- Designated Villain: The Central Park Rangers. Played for laughs, of course.
- Ensemble Darkhorse: Mr. Narwhal.
- Heartwarming Moments: Walter finally singing along to "Santa Claus Is Coming to Town," which powers the sleigh.
- Buddy names his daughter after his deceased biological mother.
- Hilarious in Hindsight: The first thing Miles Finch says to Buddy is "I get more action in a week than you've had in an entire lifetime". Of course he would, he's Tyrion!
- Memetic Mutation: "SANTAAAAA!!!! I know him! I know him!"
- Moment of Awesome: The Snowball Fight scene.
- Nausea Fuel: Buddy peels a piece of gum off a railing. And chews it.
- After Santa told him not to.
- Sants told him not to eat the gum from the ground.
- Spaghetti with maple syrup, marshmallows, Pop-Tarts, and other sugary things.
- After Santa told him not to.
- What the Hell, Casting Agency?: Will Ferrell in a kid's movie? Ed Asner as Santa? James Caan for a Christmas film? Even Roger Ebert was surprised by how well that turned out.