The vehicle was used to drag the free-standing cash machine from the Londis store on Baldwin Avenue, in the Knightswood area of Glasgow, at about 4.20am.
Several male suspects wearing dark clothing then made off in the 4x4 towards the city’s Blairdardie area.
Police are trying to establish how many men were involved.
Detective Constable Katy Fanning, from the Greater Glasgow robbery unit, said no-one was hurt during the raid but considerable damage was caused to the front of the store.
“It would appear from local CCTV that the 4x4 - which was a dark colour - was used in the incident and pulled the ATM from the store and through the front of the shop,” she said.
“This was not random; it was a pre-planned attack on the store to get at the ATM.
“It is possible that those responsible may have been checking the store prior to the break-in and so I would appeal to anyone who saw people acting suspiciously in the area, maybe a couple of days prior to the incident, to contact police.”
According to CCTV a number of cars were passing the store at the time and the occupants may have seen the 4x4 mount the pavement.
The suspects and the car would also have caused a considerable noise, Ms Fanning said.
Anyone with information can contact the Greater Glasgow robbery unit on 0141 532 5600, the police non-emergency number 101 or Crimestoppers on 0800 555 111.