Using voltage divider to read voltage from sensor
It should work, but I don't know if its the best way.

Because the maximum voltage is 12 volts (I know you are only giving it 8, but you don't want to fry your board) you need the divider to send the Arduino 5/12 of the power.  You don't need much current, so you can use big values or resistors.  10K and 24K should work, but you should research or test this before you hook it up to you kit.