What are Auto Bids/Proxy Bids?
The Auto Bid takes advantage of the software in the On-Line auction environment. By bidding as much as you want to spend and using a auto bid, the software will automatically advance the bidding if someone bids more than the current bid and less than your Auto Bid.
Auto bids will also automatically advance the bidding to the level of the reserve or your maximum Auto bid. Whichever is lower.