car wax
NO.
Check out Toms 1/3 wax. Many like it, but it leaves the stock looking too new & fresh for my taste.
Products
Toms 1/3 Mix - YouTube
A thought, I would get some 1/3 wax and a jar of Kotton Klenser wood feeder and try it on an old board and see what you like best.
I use Kotton Klensers wood feeder at the Antique store and on gun stocks to maintain a dull finish that re-oils dry wood. Not on oak. The 1/3 wax works on stocks with a thick finish and produces a nice shine to the wood. OK on oak. Just depends on what you want. Also see the CMP M1 link in the second link about wood conditioning M1 stocks:
Wood Cleaning Article - Civilian Marksmanship Program