Deductions & credits
You can't add the vehicle as an asset since it gets special treatment for depreciation because it is a passenger vehicle.
Per IRS publication 463, you can't deduct more that $28,900 in section 179 depreciation for a heavy vehicle in 2024:
Furthermore, the maximum amount of bonus deprecation in 2024 is 60% of the cost of the vehicle, less any section 179 depreciation taken. So, depending on the cost of the vehicle it may not be possible to deduct the full cost of it in the year of purchase in 2024.
It should be entered as a business vehicle expense in TurboTax:
You will come to a screen when you enter your vehicle expenses where you can choose the amount of section 179 expense you want and choose the special depreciation allowance:
