When placing an automatic bid amount on an item with a reserve, the automatic bid amount is compared to the reserve amount.
Examples:
1) The automatic bid amount is lower than the reserve amount:
The bid is placed for the total amount of the automatic bid and the item reflects, the high bidder, as well as “Reserve Not Met”.
2) The automatic bid amount is equal to the reserve amount:
The bid is placed for the total amount of the automatic bid (equal to the reserve amount) and the item reflects the amount of the bid as well as the high bidder.
3) The automatic bid amount exceeds the reserve amount:
The bid is placed for the amount of the reserve and the item reflects the amount of the bid as well as the high bidder.
How does an auto-bid / proxy bid work with a reserve amount?