The differential diagnosis is quite limited in this case, as there is a classic salt & pepper appearance of the lesion on T1 weighted images and splaying of the ICA / ECA. This is almost pathognomonic of carotid body paraganglioma.
The differential diagnosis for a tumor in this location includes :
vagal schwannoma: tends to displace both vessels together rather than splaying them
vagal neurofibroma: tends to displace both vessels together rather than splaying them
lymph node mass: may look similar if hypervascular
vagal paraganglioma: same pathology but located more rostrally
carotid bulb ectasia