The proxy bid feature allows you to set your highest bid and let the computer do the bidding for you! This way you don’t have to watch the auction so closely. The system will automatically increase your bid by $10 increments until it reaches your proxy bid amount.
When bidding on an auction be aware that other bidders may be taking advantage of this feature as well. If you place a bid on an auction and you are immediately outbid by $10 it means there is another user with a higher Max Bid.
The Max Bid of bidders is secret, this allows users to set the most they are willing to pay and let others bid against them in a fair way. If a bidder's Max Bid is Outbid by another user, an email alert will be sent to notify them that their bid was Outbid.
Max Bid's can be set via the Auction Details page or via the Bid Manager. There is no limit to the amount a bidder can set as their Max Bid.
Be on the lookout for website alerts to help guide you through the bidding process.