Verizon is the only U.S. carrier that sells the new Pixel 2 and Pixel 2 XL, but the phones aren't exclusive to the Big Red by any means.

T-Mobile has something up its sleeve: A Pixel 2 deal that's seemingly made to undercut Verizon's offering and steal some of its subscribers. But the question is, is it worth it?

Verizon Pixel 2 Deal

Verizon has already put the Pixel 2 and Pixel 2 XL up for preorder. While the 64 GB Pixel 2 will hold customers back by $27.08 a month under a two-year installment plan, the 128 GB model will set them back by $31.24 a month. On the other hand, the 64 GB Pixel 2 XL will cost $35.42 a month and the 128 GB variant by $39.58 a month.

The carrier is also offering a trade-in promo that lets subscribers get up to $300 back when they turn in an eligible smartphone and nab the Pixel 2 or Pixel 2 XL on device payment. The credit will be applied to the user's account over a 24-month period.

It's also throwing in a Google Home Mini free of charge to help buyers get started with their ecosystem of Google products. The smart speaker will ship about two to four weeks after activation. To be clear, this practically saves $49.99.

T-Mobile Pixel 2 Deal

T-Mobile is prepared to give $325 cash back to Pixel 2 and Pixel 2 XL owners who port in a number or activate a new line and sign up for the T-Mobile ONE plan. Afterward, buyers will just have to key in the details at T-Mobile's validation page, and they'll receive a MasterCard prepaid that's worth $325 by mail.

To put things into perspective, that shaves 50 percent off the $649 price of the 64 GB Pixel 2.

The thing is, the Pixel 2 must not be purchased from a third-party seller, such as eBay or Craigslist. In other words, it should be bought from either the Google Store or Verizon.

Now even current T-Mobile subscribers can also join in the fun. All they have to do is add a line of either T-Mobile ONE or Simple Choice Unlimited.

Is It Worth It?

From the look of things, T-Mobile's Pixel 2 deal is very much worth it, especially for those who don't want a Google Home Mini anyway.

Interestingly enough, the Un-carrier pulled something off like this last year, when the original Pixel phones rolled out, which goes to show that it's out to undermine Verizon in the competition.

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