I've found that
Calculators, Inc. has some of the best prices for TI, Casio, Sharp, HP, and other calculators (both scientific, graphing, and business) than many other vendors. Check them out and compare prices. That's where I got my TI-89. I also recommend scouring TI's website as well as
ticalc.org for product information.
wQuay, to answer your question, of course the 89 will do everything the 83 will, and a heck of a lot more. It depends on how much math in college you're planning to take. For College Algebra, I wouldn't recommend getting the 89, because you will become dependent on its symbolic manipulation features and will not be as likely to have the motivation to learn how to do the calculations by hand.
On the other hand, if you're:
1) planning on taking lots of college math (calculus and beyond) and/or engineering
2) have the motivation to ONLY use the 89 as a checking tool and not a cheat sheet or crutch
3) have extra cash
then by all means get the 89.
I took a Calc 1 class last summer, and even though I had an 89, I still had to become acquainted with the 83 series because it was the only calculator allowed on exams. My 89 was futile. Although it helped me on the SAT and on homework, I had to learn the material by hand.
That's really what the purposes of calculators and computers are for. They're tools, not sex toys--I mean crutches.

They're made to help you visually learn and get a better grasp of the material.
If you do plan on getting the 83 series, get the 83+ (with upgradeable Flash ROM and more memory) or the 83 Silver Edition, which just came out. Has a faster processor and other features. Honestly, if I wasn't getting an 89 and had to choose between the TI-83 series and another TI series, I'd get the TI-86 for sure. The screen has a much higher resolution (instead of 15 or 16 characters, it holds like 24 or something) and it uses a faster Z80 CPU, plus more memory for apps and games.
If you have any other questions, check out #ti on EFnet.