Disney has announced that a Stars Wars sequel will be released in 2015 as part of its deal to buy Lucasfilm. Toy Story 3's Michael Arndt has been tasked with writing the film.
Moonrise Kingdom's Anderson has cited the original Star Wars films as a major influence, but he's now downplayed the likelihood that he might direct the new movie.
"Well I have a feeling I would probably ultimately get replaced on the film because I don't know if I have all the right action chops," he admitted to Deadline, adding: "But at least I know the characters from the old films."
Anderson added that one project he would be interested in is a film about Millennium Falcon commander Han Solo's early years.
"I don't think I would do a terrible job at a Han Solo backstory. I could do that pretty well," he noted. "But maybe that would be better as a short."
George Lucas previously admitted that he won't "have much to do" on the new Star Wars film.
Star Trek Into Darkness's JJ Abrams revealed last month that he turned down an offer to direct Star Wars Episode 7, with Steven Spielberg also denying involvement.
Photo gallery - the Star Wars films: