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Did you sell it as a used, known-good pump, or as an as-is item? What kind of proof did you provide to the buyer of that? Were you totally clear that the item was being sold as-is? Did you offer to refund his money if it didn't work? Did you put a time limit on the refund?
Somebody here is going to be learning a lesson, the question is only who.
If you sold it as-is, and didn't offer to refund their money if it didn't work, or did and its well past the time you said you'd do it in, then they are stuck with it. In the spirit of being a good person, you should try to work with them on striking an agreement, however the agreement will be a compromise -- neither party will come out of it loosing nothing. If they can't understand that concept, then I'd suggest you walk away from it and them them take their lump as they will never be happy until you take all the losses for their mistake.
As for taking it back, you can really only honorably ask for the same kind of proof of its condition as you gave to them. If that was only your word, well...
Don't forget in the compromise, someobody ends up owning the part. If it later tests to be in good working order, they get to use or resell it as a working pump.
Good luck.
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