Its a very mild, fine abrasive and was very much invented for exactly that sort of thing.
How do you think they get that gloss finish on things like tables?
Very fine abrasive.
Works great for buffing out light scratches on cars, or on glossy wood finishes. Even if you aren’t trying to remove anything. I do it all the time. And Dear Old Dad uses them to touch up his RV and giant pickup after long road trips and months long off the grid camping trips. Apparently its one of the few things that’ll get road tar off without damaging paint and fiberglass.