1:24 means that the "real" car is 24 times as long as the model
So
24 x 7.5 =
24 x ( 7 + 1/2) =
168 + 12 =
180 in =
15 ft
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Edit ....24 (7 + 1/4) = 168 + 6 = 174 in = 14 ft 6 in = 14.5 ft
Thanks to Anon, again, for spotting my error...