I found the console vault from ConsoleVault, Inc provides an convenient and elegant solution to hidden secure storage for many vehicle owners. My Ford F-150 has a fold-down console/armrest in the front seat arrangement. ConsoleVault provides drop-in key or combination boxes that are an exact fit for the console. The vault is a 12 gage steel with pry-resistant hinges - sturdy construction. The interior measurements are 7 inches by 9 inches.
The instructions are brief and claim 5-10 minutes installation using simple hand tools. While installation was easy, it did take more than 10 minutes and did require more than simple tools.
To explain, the vault drops into a plastic frame which is the standard material in the fold-down console. It is held in place with four self-tapping bolts. While the bolts are supposed to pierce the plastic, I found 2 out of 4 would not. And, a third bolt bottomed against a piece of metal before fully inserted. So, one went in with no problem while the other three required pre-drilling a starter hole. 
With the install complete, the vault does provide a secure storage place for those valuables that need the protection from “smash and grab”. The combination is based on a three number selection which can be changed when desired.
Yes, the vault is pricey. Cheaper options are available. Once installed, it does provide a layer of security. The fit into the console is snug leaving little room for a screwdriver or pry-bar to force it out or force the lid open. And, a product used by law enforcement does provide a certain amount of comfort knowing your valuables are protected with a quality product.
The console vault does come with a thin carpet liner. I did cut a piece of rubber-backed indoor-outdoor carpet to use in place of the carpet liner provided.
Console Vault provides a wide range of mobile secure storage options that are designed for the specific vehicle. Visit their website for additional information.
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