What is your preferred cut/buff compound for smoothing out orange peel?

My friend has a 68 Impala convertible I'm trying to convince him to paint it as everything is good except his "rat rod" paint job. I just bought a gallon of 2 stage base along with the clear told him the price(over $500) he said "Ouch" I said "you could single stage it...or at least get it in primer..." were getting old he's ready to retire I think the $$ may be the issue but I told him "you DA 1 side I do the other and we shoot it..." it would probably be less than 500 for single stageand, its a vert its less paint because of no roof..:)
He could save a buck if he uses single stage instead of base, and then applies the clear over that. But not that much anyway.
The higher quality the clear the more the $ for sure.