To record the entry for the purchase of a vehicle you will need two things, your vehicle purchase contract and your loan documents.
GL accounts used:
Fixed Assets (Transportation Equip or Vehicles) - Debit
Note Payable (Setup a new GL for each Note you owe) - Credit
If there was a down payment - Cash in Bank - Credit
If there was a trade - Fixed Assets (Transportation Equip or Vehicles) - Credit
Here is an example with all of the above involved:
The company traded a used truck for a brand new one -
Sale Price: $44918.82
Rebate: $6,043.20
= $38875.62
Trade Value Given - $3000
Cash Down - $5000
Financed Amount - $30875.62