Here is something I learned while in a mechanics class: On modern engines with sophisticated engine management systems, the engine
can operate efficiently on fuels of a wider range of octane rating, but there
remains an optimum octane for the engine under specific driving conditions.
Older cars without such systems are more restricted in their choice of fuel,
as the engine can not automatically adjust to accommodate lower octane fuel.
Because knock is so destructive, owners of older cars must use fuel that will
not knock under the most demanding conditions they encounter, and must
continue to use that fuel, even if they only occasionally require the octane.
If you are already using the proper octane fuel, you will not obtain more
power from higher octane fuels. The engine will be already operating at
optimum settings, and a higher octane should have no effect on the management
system. Your driveability and fuel economy will remain the same. The higher
octane fuel costs more, so you are just throwing money away. If you are
already using a fuel with an octane rating slightly below the optimum, then
using a higher octane fuel will cause the engine management system to move to
the optimum settings, possibly resulting in both increased power and improved
fuel economy. You may be able to change octanes between seasons ( reduce
octane in winter ) to obtain the most cost-effective fuel without loss of
driveability.