Ponyboy was walking home after seeing a movie, but noticed a red Corvair following him. Ponyboy gets jumped by Socs. Now its Greasers vs. Socs.
Ponyboy,Dally and Johnny go to the Drive-in movie; and meet Cherry Valance. Ponyboy tells Cherry about Johnnys jumping. Ponyboy and his friends walk the girls home, Ponyboy and Cherry have a lot in common. Ponyboy gets home late and Darry slaps him.
A blue mustang full of Soc's find Ponyboy and Johnny at the park. Johnny ends up killing Bob to protect Ponyboy. They tell Dally and he gives them money and a gun and tells them to hide. They found a church but it ended up burning down.
Johnny is in criticle condition but the boy are viewed as heros after saving kids. Two Bit and Ponyboy visit the hospital, Pony doesn't feel good about the rumble. The rumble begins at night it's Greasers vs. Soc's.The Greaser's win!! Dally and Pony go tell Johnny, but out of nowhere Johnny dies.
Ponyboy tells people about Johnnys death and Dally dissapears. Dally ends up robbing a store and is in trouble. Dally pulls a gun on police and is shot, Dally is now dead. Curtis brothers attend court and are able to go home. Pony has difficulty readjusting to life, his English teachers ask him to write a theme. Pony opens a copy of GWTW from Johnny and finds a letter. Ponyboy writes his theme based upon his life.
Ponyboy realizes people are too quick to judge and that the Greasers and Soc's aren't all that different. Johnny teaches everyone that life goes on and too quickly so enjoy it while you can.