F.C. United
League Won 11
League Runner up 4
Cup Won 3
Cup Finalist 3
Champions League Won 5
Champions League Finalist 9
Season 23 Level 23
United Til I Die
League Won 12
League Runner Up 4
Champions League Won 2
Champions League Finalist 7
Cups Won 1
Cup Finalist 2
Season 32 Level 27 (Retired)
I've used the last-second bid that way too (won an auction doing it yesterday) - if you bid early for several rounds, then wait until the last second sometimes the other bidder will drop out thinking they don't need to spend another token.
But if someone's already bid in the round you may as well bid straight away - waiting to the last second is likely to annoy the other bidder, and if they're annoyed they're more likely to go more rounds into the auction than they would have otherwise.