Ebay impulse buy now seller wants out

Tough call.....would be leery of the guy leaving negative feedback. But if you really don't want it then guess just walk away.
As a seller he can only leave the OP a pos. feedback. However if the seller does not complete the deal the OP can leave them a neg. feedback. I would not accept anything other than completeing the deal as it was not your fault and you say you already had bought parts for the car.