From what I read (and this is all anecdotal from overclockers) was that the Auto setting basically lets the BIOS go wide open with the voltages, so it will over shoot the minimum amount required by the CPU. I used HWMonitorSMC2 (other apps will work too) to monitor the voltages being applied during the benchmarks, and under the Auto Vcore, the voltage would top out at > 1.4V. So I ended up setting it at 1.45V manually and it seemed to be pretty stable.
But I was also trying to hit 5.1 GHz, and I could never achieve that. I think I just ended up leaving it at 1.45V.
With PC's advice though, I revisited that and by adjusting down the voltage I'm getting better benchmarks! I've seemed to hit the floor at 1.35V for 5.0 GHz but I will keep testing in the 0.05V increments.