In my 95 Maxima, Premium is preferred but not required. I have used 87 octane in my 95 since 42,000, it now has almost 280,000 on it. When tuned up properly with new plugs and all, it has all the pickup it has ever had. I have run premium through it on occasion and can't really tell a difference.
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1995 Maxima SE (313,000+ miles 10/2012)
1997 Maxima (193,000 miles - bought from daughter when she traded for a Hyundai Elantra Coupe)
2002 Altima (daughter - totaled 12/2011 with 210,000 miles)
2012 Altima (daughter - replaced 2002 with 8 miles, now with almost 30,000 miles)
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