It looks like the cars sit in storage.
Quote:
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The museum-quality cars are kept in a purpose-built, temperature controlled environment which is prepaid for by money raised in each offering.
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https://techcrunch.com/2018/01/30/ra...-classic-cars/
As to this specific car, it was listed on here in 2017 and according to the OP, sold for $74k (presumably to EAG):
https://www.1addicts.com/forums/show...php?p=22304846
Then EAG had it listed for $82k.
Now RallyRd is selling the shares for a total of $84k.
If you like to read SEC filings, you can read more about their business model, holdings and agreements.
https://www.sec.gov/cgi-bin/browse-e...ion=getcompany
Edit:
Actually, they have the summary of the 1M purchase in the offering circular: "Purchase Option Agreement, to acquire Underlying Asset for $78,500, entered on October 20, 2018 with expiration on January 20, 2019 "
https://www.sec.gov/Archives/edgar/d...8/rse1apos.htm