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I don't have specific info on this, but I'm inclined to believe that you're right and your friend is wrong.
Put it this way, the chassi is probably the most expensive thing to develop for a car and it should have an economic live cycle of several models. Even with the premium price an M3 commends, I still don't think it'd be economically viable for BMW to develop a totally separate chassi for it. I could be wrong though.
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Whitehat is for chumps
If you don't do it, somebody else will - true story!
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