Oxidized paint recovery?

I have a 71 Duster with very oxidized paint on hood and trunk lid. Can I use 1500 grit and wet sand to remove oxidation then use power buffer and compounds to bring color back? The reason I ask is I believe the factory paint is single stage . Thanks for any tips

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Wash the car good. I use a terry cloth rag and dish washing liquid. Rinse well.

Clay bar or use one of the new black foam pads that replace clay bars.

No need to use 1500 grit. If you want to get aggressive use 2500 or 3000 on a wet dual action sander, but stay away from the corners/edges.

A heavy cutting compound and a wool or high cutting pad will blow right through that oxidation in seconds.

Buff with a heavy cutting compound and clean or change your pads when they get loaded up. Wipe the car down good and then use a finishing compound.

Seal the finish with one of the new/ long lasting ceramic sprays a few times.