Not familiar with the USC product but do understand the thought behind it. I belive the product you're using or considering is designed for the slightly flexible plastic bumper covers found on most cars these days.
The BMW side covers are a resin-cast material that will accept most any primer you may choose to use. Yes, most all are sandable save the surfacer-sealer products that are often used to produce a consistent color base after applications of filler, primer, blocking primer, blah blah blah...
Personally, I'd take a pass on the product. I've painted a couple pairs of side panels and if you 'bonk' something hard enough to seriously flex the panel, you'll have more to worry about that the paint.
Monte