The Hue Blend mode is pretty straightforward but did you know you can recolor easily using it because it creates a resultant color with the luminance and saturation of the base color and the hue of the blend color.
So essentially, the top blend layer, set to Hue, will “color” the layers below with whatever color you put on the blend layer, and adjust the color to take on the brightness and saturation of the layers beneath.
This re-coloration of the car from Red to Green took little effort just a rough mask in the Color Overlay and change the blend mode, here is the before and after: