Abstract: A storage compartment has a cover which pivots between a closed position and an open position and is pivotally mounted to a vehicle panel, such as a door, on one vertical edge. The cover includes a foldable floor section having one edge mounted to the edge of the cover and an opposite edge mounted to the vehicle such that the floor folds up when the cover is closed and opens flat when the cover is moved to an open position. A sidewall extends from the vertical edge of the cover opposite a pivot connection and is made of a collapsible material which folds in an accordion-like fashion to allow the compartment to fully collapse when the cover is moved to a closed position and expand and provide a generally triangular shaped storage compartment when opened.