Marty,
There are lots of different options for polishing plastic.
Firstly, you have to get rid of the sanding scratches by using progressively finer grades of sandpaper - once you get rid of the larger scratches and get down to 1500 or 2000 wet or dry, then it's easy to polish plastic.
Brasso works very well, I use Meguiars yellow wax automotive polish on plastic, plastic supply outlets (for perspex and stuff like that) will be able to sell a polish designed for perspex - motorcycle shops sell (or they used to) polish for helmet visors -
I've never used toothpaste before - I hear it works ok. Also give your models a fresh, minty fragrance.............
Cheers,
LeeTree