"In actual fact, Grade 5 bolts are often preferred over Grade 8 . A Grade 8 has a very high tensile strength, but can be brittle. In applications such as suspensions, a very high number of load/unload cycles can produce work hardening, which produces an immediate, or catastrophic failure. It’s often much safer to use a Grade 5 bolt which will bend, thus providing a warning, rather than a Grade 8 bolt breaking without warning. As long as the Grade 5 bolthas been sized large enough to take the expected load, we don’t want to trade toughness (resistance to stress cycles) for the ultimate tensile strength of the Grade 8 fastener."
I copied this from an article explaining grade 5 vs 8 bolts. For what we are doing i believe both are plenty stout.