Autoblog and Yahoo may earn commission from links in this article.Every so often, a listing comes along that defies the usual valuation playbook, and this is one of them. It started life as a 2022 BMW M4 Competition xDrive coupe before DinMann of Los Angeles cut it down and fabricated a pickup bed, creating a one-of-one "Ute" that was later displayed at SEMA. Finished in Brooklyn Gray with a heavily modified engine, it is on Bring a Trailer at $30,250 with six days to go, and working out what it is worth takes some care.2022 BMW M4 Competition xDrive UteBring a TrailerWhat it's worth right nowThere is no comp for a one-off M4 pickup, so the sensible starting point is the donor car. According to Cars.com, a stock 2022 M4 Competition xDrive coupe carries a nationwide average of around $70,584, and Kelley Blue Book pegs the fair purchase price near $70,100, so a clean, unmodified example trades in the mid-$60,000s to low-$70,000s.AdvertisementAdvertisementFrom there, the usual rule of custom builds applies: it is unforgiving. Radical modifications rarely recoup their cost, and cutting a car into a one-off shape narrows the buyer pool sharply rather than widening it. The build clearly cost well into six figures once you add the donor car, the DinMann fabrication, the carbon bodywork, and the engine work, but that spend does not transfer to resale value.2022 BMW M4 Competition xDrive UteBring a TrailerAt $30,250 with six days remaining, the bidding is below even the stock donor's value, suggesting the market is treating the conversion as a novelty rather than a premium. Fair value is genuinely hard to pin down here, but realistically, it lands somewhere in the $45,000 to $65,000 range if it sells, with wide uncertainty and the flags below weighing on it. This is a heart-over-head purchase, not an investment.Condition and detailsThe build itself is ambitious and, by most accounts, well executed. DinMann shortened the cockpit, fabricated a functional cargo bed with a tailgate that commentators praised for its factory look, and modified the carbon-fiber roof, adding a carbon grille, diffuser, fenders, and side skirts. Inside, the M carbon bucket seats in Fiona Red were retained, along with carbon trim throughout, and the desirable factory kit remains, including the Laserlight headlights, head-up display, and Harman Kardon audio. It was shown at SEMA wrapped in blue, which has since been removed to reveal the Brooklyn Gray paint.2022 BMW M4 Competition xDrive UteBring a TrailerThe engine is far from stock. The 3.0-liter S58 inline-six now runs Pure Turbos Stage 2 turbochargers, a Wagner carbon-fiber intake, a bootmod E85 tune, and a GTHaus valved exhaust, a combination that makes serious power well beyond the factory 503 horsepower, backed by the eight-speed automatic and xDrive. AST lowering springs and staggered 19- and 20-inch wheels complete the stance.2022 BMW M4 Competition xDrive UteBring a TrailerThree items demand real scrutiny. First, there is a lien on the car, so the seller's lender must be paid off before the title can transfer, which complicates the transaction. Second, the Carfax shows at least one open recall to clear. Third, and most important for a custom build, a commenter noted rust already developing on the tailgate and the quarter panels above the taillights, which, on a three-year-old car, point to bodywork or bare metal exposed during the conversion. Any serious bidder should inspect those areas closely and get a pre-purchase inspection that also evaluates the aggressive engine tune.2022 BMW M4 Competition xDrive UteBring a TrailerAdvertisementAdvertisementThe offerSpecificationDetailMakeBMWModelM4 Competition xDrive (Ute Conversion)Year2022Mileage8,000 milesEngineTwin-turbocharged 3.0-liter S58 inline-six with Pure Turbos Stage 2Power503 hp factory rating, now significantly increasedTransmission8-speed automaticDrive typeAll-wheel drive with M Sport limited-slip differentialExterior colorBrooklyn Gray MetallicInterior colorFiona Red and black Merino leatherCurrent bid$30,250, with six days leftInterested in this 2022 BMW M4 Competition xDrive Ute? View the listing here.What makes the M4 Ute uniqueThe donor here is no ordinary car. The G82 M4 Competition xDrive is one of the most capable performance coupes on sale, pairing a 503-horsepower twin-turbo S58 with all-wheel drive for savage, all-weather acceleration. It is genuinely quick and usable in a way few rivals match. That this one has been turned into a pickup is either sacrilege or genius, depending on your point of view, and the comments were predictably split between delight and horror.2022 BMW M4 Competition xDrive UteBring a TrailerThe concept has real roots, though. The car-based pickup, or "ute," is an Australian institution, immortalized by the Holden Maloo, and the seller leaned into that with the M4Maloo nickname while noting BMW itself built M-powered pickup concepts in 1986 and 2013. As a rolling homage to that idea, executed on a modern M car and shown at SEMA, this is a genuine one-of-one conversation piece. The seller reports that most people who see it love it, film reactions, and mistake it for a factory product.My takeI have a soft spot for builds this bold, and there is no denying the appeal: it is unique, it is fast, it sounds spectacular, and it draws a crowd everywhere it goes, which, for a certain kind of owner, is exactly the point. If you want the most attention-getting M4 on the planet and the idea of a carbon-clad, big-power BMW pickup makes you grin, nothing else scratches that itch.AdvertisementAdvertisementThat said, buy it with your eyes open. Fair value is genuinely uncertain, but I would frame it in the $45,000 to $65,000 range, below the stock donor car's value, because the conversion narrows the audience, and custom builds do not recoup their costs. More pressing are the practical flags: sort out exactly how the lien payoff and title transfer will work before bidding, clear the open recall, and above all, inspect that reported rust and the tune in person or via a professional, since fresh corrosion on a three-year-old build and a Stage 2 E85 setup are both things you want fully understood. Go in knowing this is a heart purchase, price it accordingly, and it could be a blast for the right buyer.Disclaimer: This post is for informational purposes only. We are not a dealership or broker. All vehicle specifications, pricing, and availability are subject to change without notice. We are not responsible for typographical errors, omissions, or the accuracy of the provided information. Please verify all details directly with the seller.Autoblog aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.This story was originally published by Autoblog on Jul 28, 2026, where it first appeared in the Car Buying section. Add Autoblog as a Preferred Source by clicking here.