My manufacturers says it's required, and it runs better on it. All my cars I have noticed run better.
I used to have a Ford Taurus that had that pinging sound when using low grade or mid grade.
I am willing to bet that you'd notice the performance difference (pep, and or sluggishness) between using prem vs mid grade or low grade.
Now, I have used low grade when gas prices go up...and my dad is cheap so he uses it all the time except in my mom's Mercedes.
I have tried that experiment several times over the years on my last two cars. Maybe if I was a drag racer I would notice a significant difference, but in my day-to-day driving I find the difference to be negligible.
I can imagine scenarios with certain vehicles when one would want premium fuel for maximum performance. Just as I can imagine a time when expensive premium wheels and tires would also make a difference, but do I need that performance difference often enough to justify the expense? No. And neither do 97% of drivers.
The speedometer in my car goes up to 180mph! Am I ever going to drive that fast? No. I haven’t even gone half that fast in the last thirty days. Similarly, I simply do not "need" the performance boost I could get from premium fuel.
I am quite happy with my car's performance without premium fuel.
Some time ago, I recall an undercover investigation by a program like 20/20 where they scoped out an independently owned gas station and found out that all three grades of gasoline were actually coming from the exact same underground tank, but the station was charging for the two higher octanes when, in fact, there was no difference among them. I have no reason to think this is a common practice—in fact I am sure it is not—but I think the driving habits of most people simply do not justify premium fuel.