The black SUV sped away from police and sparked a pursuit through the streets of Western Sydney on Monday afternoon, reaching speeds of up to 80km/h in 50km/h streets before hitting a parked car in Merrylands West.
Four people wearing balaclavas ran from the vehicle.
Though three were quickly arrested, the fourth remains on the run.
After searching their SUV, police found it had been stolen from Balwyn in Victoria, about 850km away.
They also uncovered a loaded shotgun under the driver's seat and two jerry cans in the back.
The SUV bears many hallmarks of a "kill car", which are generally used by organised crime and contract criminals to commit and get away with serious offences, including murders and kidnappings.
They are often stolen vehicles with cloned licence plates that contain balaclavas, weapons, and a jerry can that can be used to set the car alight and destroy evidence.
The three men, aged between 19 and 22, were taken to Granville Police Station and charged with a variety of offences including possessing an unauthorised pistol, disguising their face with intent to commit an indictable offence, police pursuit, unlawfully possessing a thing that resembles a number plate, and more.
They were refused bail and will appear in Parramatta Local Court on Tuesday as investigations into the fourth man continue.
NSW Police in October revealed they had been following contract criminals and their kill cars in a series of operations.
That month, a group of men driving through Revesby in Sydney's southwest donning balaclavas and pistols were intercepted by police.
They were accused of attempting to intercept and kill their target as he picked up a child at a daycare centre.
Another trio were also arrested in October over their alleged involvement in the G7 crew, one of several groups of contact criminals using the staged vehicles.
Organised Crime Squad Commander Peter Faux at the time said kill cars were a "common denominator" in serious and violent crimes linked to organised crime groups.
"These vehicles aren't just transport; they're tools of violence," Detective Superintendent Faux said.
Members of the public who see suspicious vehicles parked for long periods that bear false licence plates or signs of tampering have been urged to report them to police.
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