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An option to bid with a "maximum" bid OR a specific increment

It would be much more satisfying if you could make an automated option where you can choose between the option of you "maximum" bid,

OR

with an increment (i.e. $0.01) of the highest recent bid (perhaps 5-15 minutes from auction closing time) AND a "maximum" bid. That way, if the highest recent bid is higher than your maximum bid, nothing will happen. On the other hand, if the last highest bid was a great deal cheaper than your "maximum" bid, this would save a lot of unnecessary spending.

Of course, just making this an option would be best, seeing as there are different situations for different cases.
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