Flex fuel means you can use either. E85 is 85% ethanol and E15 is 15% ethanol. Your engine is made to run on 0% ethanol but has been adapted to run on ethanol which is lower octane so you have to burn more of it to get the same amount of energy so even though E85 is cheaper you will negate the savings because your miles per gallon goes way down. So your better off using traditional gasoline.
"Due to ethanol's lower energy content, FFVs operating on E85 get roughly 15% to 27% fewer miles per gallon than when operating on regular gasoline, depending on the ethanol content. Regular gasoline typically contains about 10% ethanol."