a storage system for a vehicle cargo compartment which includes a cover attached to the floor of the cargo compartment at a location spaced from an upright wall of the cargo compartment . the cover extends from the floor to the upright wall at a location above the floor thereby enclosing a storage space defined by the floor , upright wall and the cover . the cover is attached to the floor by a pivot mechanism enabling the cover to rotate between open and closed positions . the cover can be removably attached to the floor so that it can be removed from the floor to merge the storage space with the remaining space of the cargo compartment , if necessary . the cover is preferably made of a translucent or transparent material whereby items placed within the storage space can be seen .