Transaction entry for purchased vehicle.

Edit the fixed asset account and change the amount from 42K to 37K
then enter the check in the bank account for the 5K and use the fixed asset account as the expense (reason) for the payment

Thank you for your reply. Just want you to know also that 37,000 vehicle loan agreement is between me and my credit union bank--my business name and business bank account was not involved on this transaction. The payment is automatically drawn every month thru my credit union bank account. The 5K came out from my credit union bank and again not coming out from the business account. When I communicated this to QB representative after i first posted my scenario here, she instructed me to change the asset amount to 37K, modify the amount of long term liability to zero(0) then  delete all the principal and interest expense transactions entered to this asset. She then instructed me to make a new expense account (Detail : Auto, Name: Other Costs). On the "Expenses" window I entered the amount of 5K to "Other cost" then enter the reason for the payment. I did stopped here and never save it because this will mess up the actual balance of my Checking account so this part I did not do it. I am now confused. Now my question is, can I just enter the vehicle as an asset with an amount of 42,000 since technically that's how much to purchase it  and also in the system it is no longer a liability of the business, hence, the QB rep instructed me to modify the amount of the long term liability to 0. Please help. Thank you so much.