It all depends on where you want to go. At any time of year, Landmannalaugar would call for something more substantial than a “small compact”. Even a small 4×4 (i.e. a normal sedan with four wheel drive) could get into trouble, you’d really want something with extra ground clearance.
Most of the other destinations you mention are easily accessible most of the year (depends on weather in winter) by any car type. At the end of April, most main roads will be clear (barring unusual weather) especially in the southern part of the country. You should have no trouble visiting Gullfoss and Geysir in a small compact.
Vatnajökull is similarly accessible as long as you are OK with just driving to its edge. If you want to actually go on to the glacier, you need something far more powerful (and a knowledgeable guide).
Jökulsárlón is right on highway 1 as you pass Vatnajökull and should present no difficulties in any car at the end of April.
Credit:stackoverflow.com‘
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