u/Hockeystick35

Clairification of New Vehicle Expense

My understanding is that I use the new vehicle calculated estimate to create a 'set aside' in my annual transportation expenses plan every year to cover new vehicle purchases. This amount is what I should be setting aside for new vehicle purchases. What do I do in the year I buy the vehicle - for simplicity lets assume I pay cash. Do I put the entire amount of the vehicle purchase as a 1 time expense in 2026 if I am buying it now? I agree with another poster that we need clearer demarcation for calculated amounts vs what is actually in our expense plan. Thank you,

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u/Hockeystick35 — 3 days ago