The carrier has announced that if you were to buy a Pixel phone from them, you will be able to trade-in your old phone and get up to $300 in credit towards your purchase. However not all phones will qualify for the $300 credit and you’d pretty much need to own a flagship device from at least 2015. As 9to5Google points out, the devices eligible for the $300 credit would have sold for roughly the same amount on other websites, so this is actually a pretty good deal.
That being said, the credit will be repaid to customers over the course of 24 months, so you won’t actually be getting the money right now. However this is more or less standard practice for such deals, so it isn’t out of the ordinary. We should also point out that there are certain “restrictions” for purchasing the phone through Verizon.
One of those is that the bootloader of the phone will be locked which might be a deal-breaker for those who love tinkering with their devices. Secondly, Verizon will also be handling the updates for the Pixel, although the carrier did promise that updates will be released the same time as Google’s updates. Whether or not they will follow through on that promise remains to be seen, but it could still be worth your consideration.