[Bing:] Here she comes down the street
[Fred:] I'll admit my defeat
[Bing:] I've won my hot toddy
[Fred:] Over my scarred body

[Bing:] I knew that I'd win singing
[Fred:] But wait until she gets a load of your dancing

[Bing:] We'll stay at the inn singing
[Fred:] All by myself I'll have to stick to my dancing

[DALE:]
Oh, no, my friend, I'm here to end
Your dancing trouble and strife

[Fred:]
This will be fun, Miss "Hit-and-Run"
Has come back into my life

[Bing:] We'll stay at the inn...
[Fred:] We'll have to begin...
[Bing:] Singing!
[Fred:] Dancing!

[Bing & REYNOLDS:] We've each other to cling to
[Bing:] You'll be easy to sing to

[Fred:] And you're easy to dance with

[ALL:]
So let the old year die with a fond good-bye
And our hopes as high as a kite
How can our love go wrong if we start the new year right?