As Port City noted, in this case it is clear that the "・" is being used not to mark word separation (a use that seems to be becoming less common in Japanese) but instead to mean "and", "or", or "and/or".

Although "grade" can sometimes be used in English for this meaning (see https://www.autoblog.com/2018/10/19/trim-level-glossary/), in US English it mostly seems to be used in the world of car auctions to classify a car's "condition".

For reference sake, a Google search for "depending on grade and options" yields 11 results, 1 of which refers to elementary education and 5 more of which come from outside the US (mostly Australia), while a search for "depending on trim level and options" yields 124 results, all of them apparently referring to cars and predominantly coming from US websites. So unless your target language is specifically Australian English, I think "trim level" would be a better choice than "grade".

Given that the sentence in question comes from a car manual, from the section describing the on-board computers in the car, I think it could be translated along the lines of "The particular data recorded depend on the car's trim level and options."