Dont use it, it will get past your piston rings in blow by, degrade your oil massively more than standard petrol, and i dont know what this octane rating increase from it is all about, because it will decrease the octane (knock sensitivity) of the combustion as alcohols are far more volatile than the hydrocarbon mixes in petrol normally.
If your car is a shitter, and your just running it cheap then it'll work, but i wouldnt put it in my car.
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