After 10 years outside, it's probably covered in dust and grime, and gotten an oxide layer. It probably isn't immediately sellable to a car factory...
But it could be reprocessed very inexpensively and become sellable. The loss of value would probably be well under 1%.
People saying "it's so old, it's basically scrap" either don't know what they're talking about, or they're deliberately deceiving - and being market traders, I suspect the latter in the hopes of pushing market prices higher.
Aluminium has an oxide layer the second it comes into contact with air.
Anyway, out on the world there are many chemicals that can make it deeper, can peel it from the metal so another layer forms, or can mix with it and make it less insulating. I would be surprised if loses are as low as 1% as people point on this thread, but shouldn't be very large either.
This confirms the, imo, common-sense position that no, oxidation is not just a slow fire. A fire is a specific type of oxidation process that involves the production of significant light and heat. In other words, it is only true that oxidation is a slow fire if one adopts a definition of fire that is significantly different from its ordinary usage.
My money is on some fireworks occurring.
Rusting of metals fits that bill since heat is in fact released (just a super tiny amount and rather slowly), so it's _technically fire_ - although fire more commonly implies the rapid release of copious amounts of energy as part of the process.
Oddly, new Airstreams seem to come pre-oxidized. Not sure if this is a design choice, or if they don't use aluminum any more.
You can still polish it yourself, it only takes about 80 hours of manual labor...
Also any road damage or wear will be much more visible on a polished surface, which is not a premium look.
I thought earlier-era Airstreams were buffed and clearcoated before initial sale. My only evidence is vintage photos, and the fact that some owners "restore" the mirror finish.
I would guess the reason is similar and would be weathering/erosion due to being outside and pelted with sand/rain/etc.