I'm trying to figure out if this was taken indoors or outside. It looks like a museum exibit. If that is indeed what it is, I think it would look better if there were a way to make it look like it weren't inside. Since it is such an old train you could make it black/white and give it that rustic color tint. That might also help pull it out of the museum and back out into the real world. =)
Definitely meets the challenge and has a potentially interesting subject. The lighting seems a bit muted and so there are a lot of details on the train that are being missed. The focus looks a bit soft/mottled as well - this could be because of the lighting too. I think the composition is good, there's a number of areas for the eye to rest on but I think the low light doesn't enhance that aspect. I gave a 4