• is it a 2011 model?

    https://www.apple.com/support/macbookpro-videoissues/

    And the 3 beeps mentioned suggests to me it's a ram issue rather than logic board. Anyhow, I can't tell if you are being screwed or not as I tend to think people are honest. However, if your Mac is one of those models indicated in the link above, then suggest to the buyer to get it fixed for free and maybe give the a small refund as a 'good will of gesture' or something.

    Another thing is have you taken a good look at the buyer's reviews (left by others)? Sometimes it can give you some clue, if they have been buying batteries, stickers and extreme cheap items and this is the 1st expensive purchase, then it might be fishy, but if they have been buying electrical items etc and have been fine, it might just be a coincident.

    That said, a mate of mine have been offered money to buy off his good ebay account, so...

    (sorry I haven't actually said anything useful...)

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